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The paper compares decision-making on the centralisation of public goods provision in the presence of regional …. Instead, it is shown that the existence of rent extraction by delegates alone suffices to make cooperative centralisation more … design under representative democracy increase the likelihood of centralisation. Direct democracy may thus be interpreted as …
Persistent link: https://www.econbiz.de/10003592733
The paper compares decision-making on the centralisation of public goods provision in the presence of regional …. Instead, it is shown that the existence of rent extraction by delegates alone suffices to make cooperative centralisation more … design under representative democracy increase the likelihood of centralisation. Direct democracy may thus be interpreted as …
Persistent link: https://www.econbiz.de/10011422153
The paper compares decision-making on the centralisation of public goods provision in the presence of regional …. Instead, it is shown that the existence of rent extraction by delegates alone suffices to make cooperative centralisation more … design under representative democracy increase the likelihood of centralisation. Direct democracy may thus be interpreted as …
Persistent link: https://www.econbiz.de/10005766139
The relative scope of federal and state power under the U.S. Constitution has been a major bone of contention for over 200 years. Courts have sometimes enforced substantial limits on federal authority by striking down federal laws deemed to be outside the scope of Congress’ enumerated powers...
Persistent link: https://www.econbiz.de/10014154672
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels. Results for 185 countries show that while tax...
Persistent link: https://www.econbiz.de/10014574299
According to data from official state institutions analyzed in the study, the policy on balanced regional development is facing serious challenges and is yet to engage in serious efforts in the future. Evidence on the unfavourable situation is found in data whereby more than half of investments...
Persistent link: https://www.econbiz.de/10015254584
In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...
Persistent link: https://www.econbiz.de/10014164095
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10009711209
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels. Results for 185 countries show that while tax...
Persistent link: https://www.econbiz.de/10014543839
The purpose of this paper is to analyze the optimal scale of local jurisdictions (cantons) in Switzerland applying Data Envelopment Analysis (DEA) to the years 2000 to 2004. Aggregate output performance indicators for four local government activities (administration, education, health, and...
Persistent link: https://www.econbiz.de/10010316907