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Towards a European constitution : fiscal federalism and the allocation of economic competences

Stehn, Jürgen - 2002

The paper analyzes one important aspect of the constitutional debate: the allocation of econornie competences between the EU and the mernber states. It takes the theory of fiscal federalism as a starting point for an optimal allocation of economic competences. The main message of the theory is...

Persistent link: https://www.econbiz.de/10011490654

Conditional grants to independent regional governments : the trade-off between incentives and wasteful grant-seeking

Bischoff, Ivo; Blaeschke, Frédéric - 2010 - This version: May 18, 2010

The paper addresses the welfare implications of conditional grants in the presence of inefficiencies in regional production. While conditional grants may set incentives for regions to reduce inefficiencies, resources are wasted in the process of grant-seeking. We provide a theoretical model to...

Persistent link: https://www.econbiz.de/10008748328

Are intergovernmental grants tactical? The evidence from Russia

Jarocinska, Elena (contributor) - 2008

Two hypotheses about the determinants of Russian intergovernmental grants are tested empirically. According to first hypothesis, federal transfers to regions correlate with recent voting behavior of regional electorates. Second hypothesis states that transfers are higher in regions with...

Persistent link: https://www.econbiz.de/10003719733

Harnessing the Forces of Urban Expansion - The Public Economics of Farmland Development Allowance

Chau, Nancy H. - 2014

featuring fiscal decentralization, local governments as custodians of land use and development, along with a land development …

Persistent link: https://www.econbiz.de/10013068713

Unfunded Mandates and Fiscal Structure : Empirical Evidence from a Synthetic Control Model

Ross, Justin M. - 2016

An unfunded expenditure mandate occurs when a local government must provide a good or service by dictate of a higher level of government that does not supply an accompanying revenue source to fully finance the expenditure. This paper is the first to provide empirical evidence on the influence of...

Persistent link: https://www.econbiz.de/10012979186

Fiscal Decentralization, Equalization, and Intra-Provincial Inequality in China

Liu, Yongzheng - 2016

literature to examine the impacts of fiscal decentralization and fiscal equalization, both measured at the sub-provincial level …, on intra-provincial inequality in China. While fiscal decentralization offers significant advantages regarding public … line with our theoretical hypotheses, we find that while fiscal decentralization at the sub-provincial level in China leads …

Persistent link: https://www.econbiz.de/10012985257

On the Endogenous Allocation of Decision Powers in Federal Structures

Lorz, Oliver - 2012

This paper provides a political-economy explanation of the degree of centralization in economic policy making. To determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization and the regional cost shares of centrally decided...

Persistent link: https://www.econbiz.de/10012755787

Demographic Change and Public Sector Budgets in a Federal System

Hofmann, Michael; Kempkes, Gerhard; Seitz, Helmut - 2021

This paper examines the effects of demographic change on public finances in a federal system. We develop a simple methodical procedure to measure the effect of demographic changes on public revenues and expenditures. We apply our method to the local, state and federal government sector as well...

Persistent link: https://www.econbiz.de/10013316520

Fiscal Federalism, Fiscal Consolidations and Cuts in Central Government Grants : Evidence from an Event Study

Muscatelli, Anton; Darby, Julia; Roy, Graeme - 2021

In this paper we examine financial interactions between tiers of government. Whilst most existing empirical evidence has focused on the US, it is difficult to generalize conclusions obtained to countries where the position and remit of lower tiers of government is evolving or is less clear...

Persistent link: https://www.econbiz.de/10013318935

Local Government Finances : The Link between Intergovernmental Transfers and Net Worth

de Mello, Luiz - 2007

There is a large literature on how the sharing of revenue between different levels of government and the design of intergovernmental transfer schemes affect sub-national finances. Using a panel of OECD countries during 1980-2005, this paper tests for: i) the presence of a stable long-run...

Persistent link: https://www.econbiz.de/10012445469