Levaggi, Rosella - In: STUDI ECONOMICI 2007/91 (2007) 91, pp. 5-23
<em>Fiscal Federalism in the Presence of Impure Public Goods</em> (by Rosella Levaggi) - ABSTRACT: The traditional theory for fiscal federalism assumes that the lower tier is more efficient in producing local public goods because of information asymmetry, while on the finance side Central Government...