private sector and the support for decentralization. Since political support to centralization evolves over time, driven …We study the dynamic support for fiscal decentralization in a political agency model from the perspective of a region …. We show that corruption opportunities are lower under centralization at each period of time. However, centralization …

through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring … stronger rule of law specialize in industries that rely on decentralization and allow more efficient firms to grow in scale …. Furthermore, even for firms of a given size and industry, trust and rule of law are associated with more decentralization which …

, which affects the behaviour of agents inside the corporation. This way, trade integration leads to waves of outsourcing and …

prevalence of outsourcing and foreign direct investment. …

full authority over the agents, or they hand over this authority to an outside supplier by outsourcing these activities. By … of the decision-makers, and thereby maximize the benefits accruing from outsourcing. …

This paper analyses policy centralization outcomes in a two-jurisdiction model of public good provision choices with … referendum and representative democracy. We show that policy centralization is more likely to occur if the choice to centralize … preferred level of the jurisdiction that least favours centralization, rather than to a compromise between the two jurisdictions …

. We distinguish three modes of unionization with increasing degree of centralization: (1) ‘decentralization’ where wages … firms, and (3) ‘centralization’ where an industry union sets a uniform wage rate for all firms. While firms' investment … incentives are largest under ‘centralization’, investment incentives are non-monotone in the degree of centralization …

structures that gives the policymaker additional bargaining power against lobbies. Thus, when compared to decentralization …, centralization reduces capture, and is more likely to be welfare enhancing in the presence of information asymmetries. Then, we apply …