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How can a country ‘graduate’ from procyclical fiscal policy? : evidence from China

Fuest, Clemens; Xing, Jing - 2015

In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...

Persistent link: https://www.econbiz.de/10011338112

Regional stabilization by fiscal equalization? : theoretical considerations and empirical evidence from Germany

Büttner, Thiess - 1999

been removed by fiscal flows during the last two decades. Thus, in Germany where the fiscal federalism is criticised for … actually favors stabilization. In an empirical analysis for Germany, the paper adds support for the finding of significant … regional stabilization by fiscal flows. The results indicate that about 17 % of GDP variation across West Germany's states has …

Persistent link: https://www.econbiz.de/10011442662

Who's coming to the rescue? : revenue-sharing slumps and implicit bailouts during the Great Recession

Foremny, Dirk; Solé-Ollé, Albert - 2016

This paper analyzes the distribution of discretionary transfers from higher tiers of government in the process of fiscal adjustment in local jurisdictions which were hit by a negative revenue shock in formula transfers. Spanish local governments experienced a 30% fall in their revenue-sharing...

Persistent link: https://www.econbiz.de/10011499738

Revenue autonomy preference in German state parliaments

Heinemann, Friedrich (contributor) - 2013

Fiscal federalism in Germany is characterized by lacking sub-national tax autonomy and intensive fiscal equalization …

Persistent link: https://www.econbiz.de/10010203498

Politicians' opinions on rivals in the competition for firms : an empirical analysis of reference points near a border

Geys, Benny; Osterloh, Steffen - 2011 - This version: March 2011

Studies of spatial policy interdependence in (local) public policies usually concentrate on the relations between jurisdictions within a single analysed region, and disregard possible extra-regional effects. This paper evaluates the validity of such restriction by studying German local...

Persistent link: https://www.econbiz.de/10008905492

Overlapping political budget cycles in the legislative and the executive

Foremny, Dirk; Freier, Ronny; Moessinger, Marc-Daniel; … - 2014

We advance the literature on political budget cycles by testing separately for cycles in expenditures for elections in the legislative and the executive. Using municipal data, we can separately identify these cycles and account for general year effects. For the executive branch, we show that it...

Persistent link: https://www.econbiz.de/10010437178

Fiscal externalities in local tax competition : empirical evidence from a panel of German jurisdictions

Büttner, Thiess - 2001

This paper is concerned with fiscal externalities arising from local taxation of a mobile factor. Using a panel of more 1100 local jurisdictions it provides empirical evidence on how the local tax rate as well as the tax rate in the neighborhood affect the local tax base. The results support the...

Persistent link: https://www.econbiz.de/10011445920

Do municipal mergers reduce costs? : evidence from a German federal state

Blesse, Sebastian; Baskaran, Thushyanthan - 2016 - This version: April 2016

We study the fiscal consequences of municipal mergers by making use of a largescale merger reform in the German federal state of Brandenburg. This reform, which was implemented from 2001 to 2003, led to a substantial reduction in the number of municipalities. Individual mergers were...

Persistent link: https://www.econbiz.de/10011471914

Tax and the city : a theory of local tax competition and evidence for Germany

Janeba, Eckhard; Osterloh, Steffen - 2012 - This version: January 2012

Despite the well-developed empirical literature on local tax competition, little is known about the actual spatial structure of inter-municipal competition. Assuming that competition takes place only among neighbours (as in the empirical literature) is at odds with the theoretical approaches...

Persistent link: https://www.econbiz.de/10009509729

Tax and the city : a theory of local tax competition and evidence for Germany

Janeba, Eckhard; Osterloh, Steffen - 2013 - First version: Januar 2012 ; This version: May 2013

Persistent link: https://www.econbiz.de/10010228585