This paper assesses the main arguments of the theory of fiscal federalism (TFF): the impact of decentralization on the efficient delivery of public programs and services. It revises the work included in the so-called 1st generation of work of the TFF, which is essentially theoretical, and those...

We study whether local land use policies are modified in response to enhanced demand for building generated by a new highway. We also examine the extent to which this effect affects building activity. We focus on the case of Spain during the last housing boom (1995-2007). We assembled a new...

In this paper we study the political economy of the inter-regional allocation of investment in infrastructure, in an effort to disentangle tactical and programmatic motives, where tactical politics refers to the discretionary allocation of investment to districts with more ‘political clout’...

Despite interest in the impact of land use regulations on housing construction and housing prices, little is known about the drivers of these policies. The conventional wisdom holds that homeowners have an influence on restrictive local zoning. In this paper, we contend that the party...