Benefits of federation are in more flexible use of the social and economic potential of its subjects at wide inter-regional competition. The federal system allows to use effects of either greater economic space or more complete considering of local conditions and interests. Specificity of modern...

Suburban Development of St Petersburg: comparison of 2 subjects of Federation long-term visions Leonid Limonov, Higher School of Economics-St.Petersburg, International Centre for Social and Economic Research «Leontief Centre», Russia Key-words: Regional Development, Metropolitan Area,...

In this paper we investigate the interactions among fiscal decentralization, income inequality and regional disparities, using a sample of 23 OECD countries over the period 1971-2000. We first explore the effects of fiscal decentralization on overall income inequality. We then test whether...

Die deutsche Energiewende steht sowohl "von oben" als auch "von unten" unter Druck: Verfechter einer dezentralen Energiewende sehen letztere wegen jüngster Änderungen bei der Förderpolitik für Strom aus erneuerbaren Energien in Gefahr, während andererseits eine stärkere europäische...

We analyze productivity enhancing public expenditure in a spatial economic model with labor mobility, firm-specific increasing returns to scale, and transport costs. Building on Krugman (1991), Fujita, Krugman and Venables (1999) and Redding (2016), we compare optimal investment and tax policies...

In the context of China without a median voter system, this study examines whether the “flypaper effect”, an unconditional lump-sum grant from the upper governments to the county governments increases spending in a greater proportion than an equivalent rise in local income, holds true in...

En Colombia durante varios años se ha mantenido un fascinante debatesobre las regalías, por lo que ellas significan para las finanzas de los entessubnacionales, por su impacto en lo social y su significado en materia tributariapara las empresas, entre otros. El objeto de este ensayo es matizar...

While many studies have documented deviations from the Law of One Price in international settings, evidence is scarce on the extent to which consumers take advantage of price differentials and engage in cross border shopping. We use data from 287 Swedish municipalities to estimate how responsive...

Gray D. (2005) An examination of regional interaction and super-regions in Britain: an error correction model approach, Regional Studies 39 , 619-632. This paper examines spill-over effects among regions. Estimating error correction models of British rates of unemployment and conducting...

The distribution of UK revenue to the regional and territorial governments, administrations and authorities that spend the money is based on a hotchpotch of badly designed formulae. This is widely recognised. The Barnett formula, which allocates money to the devolved territories, has been...