The second generation fiscal federalism (SGFF) approach is used as a reference to analyze the political and fiscal institutional design of Bolivia’s decentralization model and its evolution. Subnational public finance data up to 2008 is used to verify that decentralization of expenditure was...

Este trabajo estudia el impacto de la explotación de hidrocarburos y minerales sobre el desarrollo regional y local reciente en Colombia. Examina si los Departamentos y Municipios productores de hidrocarburos y carbón, y receptores de regalíashan crecido más, o presentan mayores niveles de...

This paper estimates the optimal government size for the state governments in Mexico, investigating the role of public services in the production process. It is assumed that government services are optimally provided when their marginal product equals unity (the "Barro rule"). The empirical...

Spanish Abstract: El sistema fiscal mexicano se ha caracterizado por una fuerte dependencia de las finanzas públicas subnacionales en relación a los recursos que el gobierno federal les envía a los estados y municipios mediante el mecanismo de transferencias federales. La composición del...

English Abstract: This article presents a comparative analysis of the optimal fiscal response to shocks in the sub-national public sector in cooperative and non-cooperative models. The analysis is undertaken by comparing models that assume idiosyncratic demandside shocks and sub-national...

Mexico's fiscal response to the needs arising from the COVID-19 pandemic was among the lowest compared to other Latin American countries. This study examines the fiscal effort at the state level in Mexico over a 27-year period, using a panel database that includes all 31 states of the Republic....

Mexico's fiscal response to the needs arising from the COVID-19 pandemic was among the lowest compared to other Latin American countries. This study examines the fiscal effort at the state level in Mexico over a 27-year period, using a panel database that includes all 31 states of the Republic....

Spanish Abstract: En México las principales desigualdades inter-regionales son geográficas, sociales y económicas; es decir, existen factores que ayudan a clasificar las regiones, para esto se requiere la utilización de ciertos criterios económicos, administrativos, históricos o de otro...

En Colombia durante varios años se ha mantenido un fascinante debatesobre las regalías, por lo que ellas significan para las finanzas de los entessubnacionales, por su impacto en lo social y su significado en materia tributariapara las empresas, entre otros. El objeto de este ensayo es matizar...

The aim of the present paper it is to analyse the volume and the distribution of the financial resources that form the FEDER funds in the European Union. These funds have got a main purpose in relation with reduction of the structural development differences among the states members. To attain...