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This paper investigates whether national evaluation of decentralised government performance tends, by lessening local information spill-overs, to reduce the scope for local performance comparisons and consequently to lower the extent of spatial auto-correlation among local government...
Persistent link: https://www.econbiz.de/10011450696
This paper investigates whether national evaluation of decentralised government performance tends, by lessening local information spill-overs, to reduce the scope for local performance comparisons and consequently to lower the extent of spatial auto-correlation among local government...
Persistent link: https://www.econbiz.de/10010261255
Fiscal disparity leads to a yardstick bias, in that incumbents in fiscally-rich jurisdictions can provide more public goods, extract more rents and yet have a higher probability to be reelected. This study further emphasizes disparity among jurisdictions, not only in terms of fiscal resources...
Persistent link: https://www.econbiz.de/10011847848
Fiscal disparity leads to a yardstick bias, in that incumbents in fiscally-rich jurisdictions can provide more public goods, extract more rents and yet have a higher probability to be reelected. This study further emphasizes disparity among jurisdictions, not only in terms of fiscal resources...
Persistent link: https://www.econbiz.de/10011853232
This paper investigates whether national evaluation of decentralised government performance tends, by lessening local information spill-overs, to reduce the scope for local performance comparisons and consequently to lower the extent of spatial auto-correlation among local government...
Persistent link: https://www.econbiz.de/10013319005
This paper explored the yardstick competition among Japanese municipalities in providing medical subsidy for infants and children. In recent years, against the background of rapidly declining birthrate in Japan, municipalities aimed to reduce the medical burden of families with small children....
Persistent link: https://www.econbiz.de/10011213866
This paper studies the vertical and horizontal interactions existing between federal and state governments in terms of public deficits. We estimate a fiscal reaction function for the Spanish regions over the period 1995-2010 paying special attention to the impact of federal fiscal stance on the...
Persistent link: https://www.econbiz.de/10011274924
Theoretical models of strategic interaction among local governments are often empirically implemented by the use of spatial econometric techniques. This paper deals with the de…nition of the elements in the spatial weights matrix W in empirical models of strategic interaction among local...
Persistent link: https://www.econbiz.de/10010611655
In November 2008, China announced a RMB4trn package of economic stimulus measures that also dealt with how it would be funded. As a result, in March 2009, the National People's Congress (China's parliament), with the approval of the central government, authorized the Ministry of Finance to issue...
Persistent link: https://www.econbiz.de/10013153689
Persistent link: https://www.econbiz.de/10012868507