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This paper examines the role of political alignment and the electoral business cycle on municipality revenues in Greece for the period 2003-2010. A panel dataset combining local and national elections with local budgets is used to run a fixed-effects econometric model. The findings suggest that...
Persistent link: https://www.econbiz.de/10012010194
This article examines a particular type of central mandate in China, the mandate for nationwide across-the-board salary …
Persistent link: https://www.econbiz.de/10013106863
decentralization in China, particularly in the recent years. More effective coordination is called upon to mitigate the unintended … outcome of fiscal decentralization without proper control in shaping urban hierarchy in China and the findings provide lessons … economics models do not fully capture the impact of political institutions, particularly fiscal decentralization, on urban size …
Persistent link: https://www.econbiz.de/10012912209
This study is the first attempt to examine the determinants of expenditure decentralization at sub-provincial levels in … China. The Chinese central government gives detailed guidelines to local governments on public finance, but, ironically …, their expenditure assignment is far from being well-regulated. Differences in fiscal decentralization on the expenditure …
Persistent link: https://www.econbiz.de/10013057284
China’s regions have been experiencing impressive growth over the past decades, but their potentials could be better … at making up for the slow progress over the past decade or so. There are signs that these efforts are helping China … Paper relates to the 2019 OECD Economic Survey of China (http://www.oecd.org/economy/china-economic-snapshot/). …
Persistent link: https://www.econbiz.de/10012111062
economies. Using a panel data set from China, we investigate the relationship between provincial government's fiscal incentives … even when we control for the conventional measure of fiscal decentralization. Finally, we compare federalism, Chinese style …
Persistent link: https://www.econbiz.de/10014059970
economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra … over the period 1987–2010. In the recent past, the structure of decentralized government in China has undergone two …
Persistent link: https://www.econbiz.de/10014084854
-specific public goods out of two complementary district-specific inputs. We compare equilibria in non-cooperative decentralization and … centralization welfare-dominates decentralization in most institutional settings and for a wide range of parameters, yet we can also … identify necessary and sufficient conditions for decentralization to welfare-dominate centralization. The setup features three …
Persistent link: https://www.econbiz.de/10008986565
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10010375402
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10011524602