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The classic theory of fiscal federalism suggests that different people should have different governments. Yet, separate …
Persistent link: https://www.econbiz.de/10010849630
The classic theory of fiscal federalism suggests that different people should have different governments. Yet, separate …
Persistent link: https://www.econbiz.de/10011274513
Governments do not have perfect information regarding constituent priorities and needs. This lack of knowledge opens the door for groups to lobby in order to affect the government's taxation levels. We examine the political economy of decentralized revenue-raising authority in light of social...
Persistent link: https://www.econbiz.de/10011762207
This abstract is taken from an article entitled quot;'A Light Unto the Nations' - The New British Federalism, the … our own federalism through examination of another, the Article demonstrates that this new and unique federalism provides …
Persistent link: https://www.econbiz.de/10012767059
This paper examines the influence of political considerations on intergovernmental fiscal transfers in Ghana. The two-step system GMM approach was used to estimate transfers and elections data for 167 districts from 1994 to 2014. The analysis was country-wide and covers swing districts as well...
Persistent link: https://www.econbiz.de/10011806757
The fields of regulatory federalism and fiscal federalism have developed largely in isolation from each other. Building … on the new scholarship of federalism in the legal academy, this Article seeks to integrate the insights of the two areas … regulatory federalism. One of the most important elements of fiscal federalism, generally unappreciated in legal scholarship, is …
Persistent link: https://www.econbiz.de/10014107630
This paper examines the role of institutions of territorial representation in shaping long-term patterns of inter …-regional redistribution within federations. A simple legislative bargaining model with endogenous taxation suggests that over … that a striking relationship between legislative representation and grants holds up in a diverse group of federations from …
Persistent link: https://www.econbiz.de/10008516553
We show that regional heterogeneity of underlying fundamentals (e.g. economic history, geography, social capital) can lead to extreme voting in federations. When the outcome of federal policies – such as transfer schemes, market regulation or migration laws – depends on these fundamentals,...
Persistent link: https://www.econbiz.de/10012200220
The traditional normative literature on fiscal federalism argues that redistributive policies should be centralized in …
Persistent link: https://www.econbiz.de/10012421200
We consider the hold-up problem between a foreign direct investor and the government(s) in a host country with weak governmental structure and lack of power to commit. Using Nash threats, we show that an efficient investment level can be sustained for a sufficiently high discount factor and ask...
Persistent link: https://www.econbiz.de/10009367927