design under representative democracy increase the likelihood of centralisation. Direct democracy may thus be interpreted as …The paper compares decision-making on the centralisation of public goods provision in the presence of regional …. Instead, it is shown that the existence of rent extraction by delegates alone suffices to make cooperative centralisation more …

design under representative democracy increase the likelihood of centralisation. Direct democracy may thus be interpreted as …The paper compares decision-making on the centralisation of public goods provision in the presence of regional …. Instead, it is shown that the existence of rent extraction by delegates alone suffices to make cooperative centralisation more …

design under representative democracy increase the likelihood of centralisation. Direct democracy may thus be interpreted as …The paper compares decision-making on the centralisation of public goods provision in the presence of regional …. Instead, it is shown that the existence of rent extraction by delegates alone suffices to make cooperative centralisation more …

This paper provides a political-economy explanation of the degree of centralization in economic policy making. To … determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization … and the regional cost shares of centrally decided policies. We show that the resulting degree of centralization is …

We propose a theory of tax centralization in politico-economic equilibrium. Taxation has dynamic general equilibrium … spending and taxation and create a role for inter governmental grants. The model provides an explanation for the centralization …

The paper reconsiders the theory of fiscal federalism in a framework inspired by property-rights theory. We set up a …

We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … the local level. This renders the degree of tax centralization and the tax burden determinate even if none of the … traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …