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This paper examines capital tax competition in the presence of an interstate transfer policy without federal commitment. Lack of commitment implies that tax policy is chosen prior to federal transfers. The paper's main result is that ex-post federal policy internalizes horizontal fiscal...
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Information and communication technologies are transforming economies and societies around the world. In this respect, E-Commerce has the capability to build a new global economy. That is why government, industries, non-profit-organisations, trade unions and consumers would like to come together...
Persistent link: https://www.econbiz.de/10001906402
I study a model of electoral competition where both economic policy and politicians' effort affect voters' payoff. If voters cannot distinguish the effect of policy and effort, politicians acquire an implicit incentive to exert effort. This incentive can last through every period in an...
Persistent link: https://www.econbiz.de/10014175735
Congress regularly enacts legislation providing for redundant administrative programs. For example, there are more than 100 federal programs for surface transportation, 82 programs to ensure teacher quality, 80 programs to promote domestic economic development, and 47 programs to provide...
Persistent link: https://www.econbiz.de/10014178275
Does government size and structure adapt to changes in government’s organisational environment (particularly to uncertainty and complexity) as predicted by organisational theory? We find – using a range of statistical analyses – support for each of the major theories of organisation...
Persistent link: https://www.econbiz.de/10014187028
Purpose – Provide insight into the determinants or constructs that enable informally networked supply chains to operate in order to achieve improved operational performance. Design/methodology/approach – The research is based on a wide literature review, focused on the identification of...
Persistent link: https://www.econbiz.de/10014187051
This paper characterizes optimal policy when a government uses indirect control to exert its authority. We develop a dynamic principal-agent model in which a principal (a government) delegates the prevention of a disturbance - such as riots, protests, terrorism, crime, or tax evasion to an agent...
Persistent link: https://www.econbiz.de/10014040910