This paper empirically investigates the determinants of willingness to pay (WTP) for the environment, employing micro data from the European Value Survey (EVS) over 2008-2010 in 27 European countries. Using ordered logit, logit and partially constrained generalized ordered logit models, we...

This paper examines the impact of fiscal residuum¡ªthe excess of expenditure benefits over tax burdens¡ªon the location choice of foreign direct investments among China¡¯s provinces. Using data provided by the National Bureau of Statistics of China we propose two fiscal residuum indexes...

In the present work we analyze fiscal differences among Chinese provinces using indexes built on the concept of fiscal residuum. Our analysis help us to verify the role of public transfers in promoting both fiscal equalization and competition among provinces. We further study the impact of the...

Triggered by the phenomenon of globalisation, during recent years there has been a process of State policy rationalisation in the social expenditure domain; hence the debate over the present role and dimension of welfare state has intensified. Following on the extensive multidisciplinary...