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Decentralization reforms typically lead to the coexistence of multiple tiers of government in a given policy area. To … analyze the welfare effects of such partial decentralization, this paper develops a political agency model in which two levels … decentralization is desirable only if the benefits of vertical complementarity in public good provision outweigh the costs of reduced …
Persistent link: https://www.econbiz.de/10014201038
realities' of the decentralization process is needed. Here, I offer an assessment 'pros' and 'cons' of the decentralization …
Persistent link: https://www.econbiz.de/10014225304
decentralization. Using information and contract theory, the study concludes that this mechanism is unable to stimulate efficient …
Persistent link: https://www.econbiz.de/10014062945
The recent process of political and economic transformation in eastern European countries has not only contributed to the decentralisation of political structure but also significantly enhanced the fiscal autonomy of municipalities in these countries. In this context many similar types of public...
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In fiscally centralised countries with a unique country-wide income tax schedule, it is straightforward to quantify the degree of progressivity. In fiscally decentralised countries with varying local tax schedules, however, this is not the case. In these countries, the effective tax...
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