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This paper examines the relationship between federal transfers and fiscal deficits in India. The system of federal …
Persistent link: https://www.econbiz.de/10009734170
This paper examines the relationship between federal transfers and fiscal deficits in India. The system of federal …
Persistent link: https://www.econbiz.de/10013083212
This paper examines the relationship between federal transfers and fiscal deficits in India. The system of federal …
Persistent link: https://www.econbiz.de/10013083813
Sub-national governments often finance substantial parts of their budgets via taxes on capital or other mobile factors - despite having access to alternative, less distortionary, revenue sources. This paper develops three hypotheses to explain this pattern and tests them in a natural experiment...
Persistent link: https://www.econbiz.de/10011929809
According to the Leviathan-Model, fiscal federalism is seen as a binding constraint on a revenue-maximizing government …. The competitive pressure of fiscal federalism is supposed to reduce public sector size as compared to unitary states … possible to investigate different mechanisms by which fiscal federalism may influence government size. The results indicate …
Persistent link: https://www.econbiz.de/10011404625
Persistent link: https://www.econbiz.de/10012040197
Persistent link: https://www.econbiz.de/10011871681
Following a brief review of the theoretical literature on the benefits and shortcomings of fiscal decentralization this paper presents an empirical analysis of the relationship between per capita economic growth and its production function determinants, on the one hand, and constructed...
Persistent link: https://www.econbiz.de/10011433736
Spending on productive infrastructure is seen as an important contributor to long term economic growth. Several authors have documented a downward trend in public investment during the last three decades and warned about its possible detrimental effects on the economy. A not well-realized fact...
Persistent link: https://www.econbiz.de/10011522639
Persistent link: https://www.econbiz.de/10011311782