The main goal of this paper is to estimate to what extent the federal government of the United States insures member states against regional income shocks. We find that a one dollar reduction in a region's per capita personal income triggers a decrease in federal taxes of about 34 cents and an...

The globalisation of economy has a profound implication on the patterns of taxes, and Value Added Tax (hereinafter referred to as VAT) is one of such. The pattern of taxation is largely dependent on the political structure, and for Nigeria, it presupposes fiscal federalism. It is the division of...

This paper examines the effect of firms' lobbying activities on US federal grants. For an average firm in terms of grant amount and lobbying expenditures, my model indicates that one additional dollar in lobbying to the granting agency yields to a minimum increase in the federal grant of 3.54...

One of the goals of decentralized policies is to consider the differences between regions and municipalities, which can lead to greater economic growth as well as greater economic development in all areas. However, endogenous limitations should also be overcome. For these purposes, policies have...