Macroeconomics data was collected through the Central Statistics Agency (BPS) Central Java Province for the thirty-five regencies and municipalities in Central Java Province. The Fundamental index of fiscal decentralisation (FFDI) and Enhanced Index of Fiscal Decentralisation (EFDI) was...

Consumption and investment are the largest contributors to national income in most countries. Indonesia is one of the countries with the world's largest population, so the largest state revenue comes from consumption and investment, a sector expected to be a driver of the economy. The entry of...

This paper examines the consequence of decentralization in the management of canal irrigation for spatial allocation of water and agricultural performance. Under centralized management, farmers closer to the canal tend to over-extract water, resulting in spatial mis-allocation. We test whether...

In the Philippine political dynamics, political patronage has been observed, especially in the local government units. The study’s objectives include determining the different forms of benefits that political patrons offer as observed by local voters, the reasons behind their participation,...

Decentralized taxation and commuting affect numerous dimensions of economic activity, but how they jointly shape residential decisions and spatial income sorting is still not well understood. We develop a structural model of individual location choices in a fiscally decentralized monocentric...

The advent of blockchain, smart contracts, and Web3 has empowered new concepts for equity partnerships with autonomous operating systems and democratic corporate governance. This paper explores 2,377 of such new partnerships and uses detailed transaction data (from 2017 through 2022) to examine...

Through this paper I have tried to demonstrate a legal validity for blockchain technology under the GDPR as well as the CCPA. The value in blockchain technology is undeniable. It promotes transactional efficiency, and contributes towards transparency, neutrality and security in the digital...

On August 8, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the service of ‘Tornado Cash,’ a so-called mixer used to obfuscate the otherwise transparent money trail on the Ethereum blockchain. The service was claimed to launder more than USD...