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We examine a symmetric two-district setting with spillovers of local public spending where a spill-in from the foreign … cooperative centralization for different spillovers, complementarities and cost-division rules, and control for the effects of … features three novelties: In the absence of transfers, welfare in decentralization increases in spillovers, strategic …
Persistent link: https://www.econbiz.de/10013113014
This paper analyzes the provision of local public goods with positive spillovers across jurisdictions. If spillovers … are symmetric, the noncooperative game played by jurisdictions admits a unique equilibrium, and an increase in spillovers … can increase their contribution. When spillovers are asymmetric, equilibrium is unique if spillovers are low, while …
Persistent link: https://www.econbiz.de/10014055404
In this paper, we analyze a class of models in which there are interjurisdictional spillovers among heterogeneous …
Persistent link: https://www.econbiz.de/10013316740
spillovers is developed in which uncertainty over the true preferences of candidates makes strategic delegation impossible …
Persistent link: https://www.econbiz.de/10013317425
spillovers among jurisdictions. In accordance with previous studies, we show that under the assumption of a fixed capital supply …
Persistent link: https://www.econbiz.de/10013136697
may purchase goods from “neighboring” states. Those purchases may generate economic spillovers across neighbors. Estimates … suggest that states can increase their own state employment by increasing their own deficits. There is evidence of spillovers …, aggregate spillovers to its economic neighbors are approximately two-thirds of the large state's job growth. Because of …
Persistent link: https://www.econbiz.de/10013083295
domestic firms. This study aims to explain how spillovers are transferred from FDIs to domestic firms. The econometrical … and agglomeration of FDIs and conform with the evidence that shows that FDIs have produced negative spillovers on domestic …
Persistent link: https://www.econbiz.de/10010322223
Persistent link: https://www.econbiz.de/10011944005
assessments. We find that both spillovers within the private sector as well as from universities and other public research …
Persistent link: https://www.econbiz.de/10010263783
The European Structural and Investment Funds (ESIF) are the prime instrument of EU regional policy. European policy makers place considerable hope into their growth stimulating funding measures to overcome current economic stagnation. Consequently, there is a strong need for credible evidence...
Persistent link: https://www.econbiz.de/10011440788