Search Results - subject:"soft budget constraints"

Size, spillovers and soft budget constraints

Crivelli, Ernesto; Staal, Klaas - In: International Tax and Public Finance 20 (2013) 2, pp. 338-356

There is much evidence against the so-called “too big to fail” hypothesis in the case of bailouts to subnational governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching grants of a central government can induce...

Persistent link: https://www.econbiz.de/10010988681

When does inter-school competition matter? : evidence from the Chilean “voucher” system

Gallego, Francisco A. - In: The B.E. journal of economic analysis & policy 13 (2013) 2, pp. 525-562

Persistent link: https://www.econbiz.de/10010236697

The timing of elections in federations : a disciplining device against soft budget constraints?

Kaiser, Karolina; Taugourdeau, Emmanuelle - In: Public choice 154 (2013) 3/4, pp. 197-215

Persistent link: https://www.econbiz.de/10009721472

The effects of bailouts and soft budget constraints on the environment

Wood, Joel - In: Environmental & resource economics : the official … 54 (2013) 1, pp. 127-137

Persistent link: https://www.econbiz.de/10009712428

Industrial Sickness in Indian Manufacturing

Falk, Rahel - 2005

In India, the term sick units refers to economically unviable firms which are kept alive in the public interest by means of subsidies of various kinds. Since this practice is common, and large parts of the industrial sector are affected, this phenomenon is referred to as industrial...

Persistent link: https://www.econbiz.de/10009476250

The need for regulating professional soccer in Europe : A soft budget constraint approach argument

Storm, Rasmus K. - In: Sport, Business and Management: An International Journal 2 (2012) 1, pp. 21-38

of soft budget constraints takes political, cultural and emotional aspects into account in order to understand economic … it within the field of European professional football. Findings – The paper finds substantial evidence of soft budget … constraints in professional football clubs, and argues that softness punishes the few financially well‐managed clubs in sporting …

Persistent link: https://www.econbiz.de/10015006745

Soft budget constraints and strategic interactions in subnational borrowing: Evidence from the German States, 1975–2005

Baskaran, Thushyanthan - In: Journal of Urban Economics 71 (2012) 1, pp. 114-127

schemes. This paper explores whether such features of cooperative federations lead to subnational soft budget constraints … federation like Germany is susceptible to soft budget constraints. The results suggest that state borrowing in Germany exhibited … subnational governments’ borrowing will exhibit vertical and horizontal strategic interactions if they operate under soft budget …

Persistent link: https://www.econbiz.de/10010582635

Soft Budget Constraints and Predatory States

Vahabi, Mehrdad - In: Review of Radical Political Economics 44 (2012) 4, pp. 468-483

The concept of the soft budget constraint (SBC) was initially formulated by economist Janos Kornai in the context of socialist economies. I argue that the SBC can be regarded as the political economy of a predatory state in both the so-called socialist and capitalist economies. The hard budget...

Persistent link: https://www.econbiz.de/10010614762

Local governments' fiscal balance and privatization in transition countries

Crivelli, Ernesto - In: The economics of transition 20 (2012) 4, pp. 677-703

Persistent link: https://www.econbiz.de/10009712809

A comparative model of party-states: the structural reasons behind similarities and differences in self-reproduction, reforms and transformation

Csanadi, Maria - 2004

This paper draws up an empirically based comparative analytical model called by its constructor as the Interactive party-state model (IPS). It details the elements, the principles of connection of these elements and the principle of operation of the whole party-state construct. It also defines...

Persistent link: https://www.econbiz.de/10010494306