Los municipios costeños de Barrancas y Tolú se caracterizan por recibir significativos recursos de regalías, a tal punto que estas representaron en promedio 75% de sus ingresos corrientes durante la década de 1990. El flujo de mayores recursos generó despilfarro, desorden en la...

La dinámica económica de un país es sin duda uno de los temas de estudio más importantes en la actualidad. En Colombia, diariamente se busca encontrar las razones del rezago en el crecimiento del país, por lo cual surge la necesidad de realizar un análisis sobre el desarrollo y dinámica...

Este documento estudia la forma en que ha incidido el gasto público en la actividad económica de los departamentos en Colombia durante el periodo 2000 – 2013 a partir de la aplicación de diferentes técnicas derivadas de medición económica cuyos resultados se confrontan para explicar la...

Scotland is engaged in a lively and on-going debate on greater fiscal autonomy and independence, which is politically controversial, especially in respect of tax-varying powers. The Scottish Parliament has the power to make a balanced-budget adjustment in public expenditure by varying the basic...

We study the fiscal policy reactions of municipalities in the German state of North Rhine-Westphalia to an unanticipated spending shock. The implementation of a horizontal transfer system led to additional contributions for selected municipalities. Using the quasi-random assignment, we examine...

This paper investigates the impact of a balanced budget fiscal policy expansion in a regional context within a numerical dynamic general equilibrium model. We take Scotland as an example where, recently, there has been extensive debate on greater fiscal autonomy. In response to a balanced budget...

The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...

The North American Free Trade Agreement (NAFTA) once again became a newsworthy topic in the US media, this time during the contested Spring 2008 Democratic primary for the US presidency, particularly from campaign talking-points originating within Midwestern Rust-Belt states. Although the merits...

The political business cycle theories describe that election-motivated politicians manipulate economic policy-making. Election cycles occur in many fiscal variables, for example tax rates. I examine whether electoral motives influence communal fees in Germany. Fees have to be paid for the use of...