Showing 1 - 10 of 128
gives an inefficient result in the presence of income asymmetry between member nations. Interestingly, redistribution arises … decreasing efficiency, which becomes more severe as the centralized budget increases. We also analyze partial ex-ante commitment … through alternative decision-making institutions: Both majority rule and exogenous tax rules can improve efficiency. …
Persistent link: https://www.econbiz.de/10013370100
traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …
Persistent link: https://www.econbiz.de/10011629989
This paper explores the nexus between the phenomenon of increasing income inequality and redistributive effects of the public sector. In an empirical analysis of seven OECD countries the redistributive effect will be examined by measuring the difference between inequality of market incomes and...
Persistent link: https://www.econbiz.de/10010327527
We study a model of sequential bargaining in which, in each period before an agreement is reached, the proposer's identity (and whether there is a proposer) are randomly determined; the proposer suggests a division of a pie of size one; each other agent either approves or rejects the proposal; and...
Persistent link: https://www.econbiz.de/10010277543
The purpose of this paper is to analyze the efficiency of the 26 Swiss cantons over the period 2000 to 2004 applying … economy) is calculated to measure technical efficiency. Efficiency scores are then related to the fiscal equalization scheme …
Persistent link: https://www.econbiz.de/10010315507
Under most U.S. environmental regulations, the federal government shares responsibility with the states by authorizing them to implement and enforce federal policies. Authorization provides states with considerable discretion over the effects of regulation and is perhaps the most significant...
Persistent link: https://www.econbiz.de/10010318356
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the institutional process by which reforms can and do take place,...
Persistent link: https://www.econbiz.de/10010285330
This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with …
Persistent link: https://www.econbiz.de/10010285343
This article examines the nature of India's federal system, and recent and potential reforms in its structure and working. We summarize key federal institutions in India, focusing particularly on the mechanisms for Center-state transfers. These transfers are large, and are the major explicit...
Persistent link: https://www.econbiz.de/10010322690
This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with …
Persistent link: https://www.econbiz.de/10010322717