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expenditures. JEL Codes: H50; H54; H72; C13 Keywords: Public Expenditures; Cointegration; Decentralization …
Persistent link: https://www.econbiz.de/10011318762
This work analyzes the evolution of real public expenditures of local and regional administrations (LRA), in Portugal, in the period after the Second World War. It also aims to estimate the elasticities associated to determinants, which explain the found growth. As most relevant results, it is...
Persistent link: https://www.econbiz.de/10005607463
This Article exposes a misapplication of federalism as the driving force behind the Supreme Court's extreme narrowing of the 42 U.S.C. § 1983 remedy for beneficiaries of federal-state cooperative spending programs. Originally, the Court applied a presumption, via § 1983's straightforward...
Persistent link: https://www.econbiz.de/10013231453
decentralization and fiscal rules on the public sector efficiency. We conclude that while decentralization is fostering efficiency …, fiscal rules do not have any effect. Moreover, fiscal rules combined with decentralization may harm efficiency, consistently …
Persistent link: https://www.econbiz.de/10011810896
) provides little evidence that budget constraints at the cantonal level affect municipal finances and fiscal decentralization …
Persistent link: https://www.econbiz.de/10010424734
consist of current and capital expenditures. To address this question, we employ the VAR model, the Johansen Cointegration …
Persistent link: https://www.econbiz.de/10012817769
This paper discusses the smallness of subsidiary jurisdictions as a third dimension of centrality, besides vertical centrality and fragmentation (horizontal centrality). A panel analysis concerning all 26 Swiss cantons (from 1990 to 2003) shows that public expenditure per-capita increases with...
Persistent link: https://www.econbiz.de/10003663783
evidence that budget constraints at the cantonal level affect average municipal finances and fiscal decentralization. …
Persistent link: https://www.econbiz.de/10011410014
The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal … following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there … results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation …
Persistent link: https://www.econbiz.de/10013085613
The design of intergovernmental fiscal relations can help to ensure that tax and spending powers are assigned in a way to promote sustainable and inclusive economic growth. Decentralisation can enable sub-central governments to provide better public services for households and firms, while it...
Persistent link: https://www.econbiz.de/10012227447