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A Model of Central vs. Decentralized Government : Self-Interest and Mis-Allocation in Bolivia

Faguet, Jean-Paul - 2003

The recent, much remarked upon decentralization in Bolivia produced four important changes in the nation's public … investment in poorer municipalities. Existing theoretical treatments of decentralization cannot account for these phenomena. This … decentralization. Analyzing the location of residual power in a political system can help cut through the thicket of contradictory …

Persistent link: https://www.econbiz.de/10014090556

Institutional Model of Decentralization in Action

Azis, Iwan J. - 2012

Applying the Institutional Model of Decentralization, the paper argues that the presumption that local democracy will …, decentralization policy is welfare-enhancing only for the developed regions, not for all, exacerbating interregional welfare disparity …

Persistent link: https://www.econbiz.de/10013110363

Social Funds and Decentralization : Optimal Institutional Design

Faguet, Jean-Paul - 2008

scarcely addressed in the literature. This paper examines the implications of decentralization for the institutional design of … civic institutions that decentralization creates. Local government has an informational advantage in local needs and …

Persistent link: https://www.econbiz.de/10014063699

Why so Much Centralization? A Model of Primitive Centripetal Accumulation

Faguet, Jean-Paul - 2004

With strong conceptual arguments in its favor, decentralization is a popular and growing policy trend across the world … questions: (1) Why does decentralization produce indifferent results? and (2) Why is there so much centralization in the first …

Persistent link: https://www.econbiz.de/10014070152

Dynamic tax competition under asymmetric productivity of public capital : a simulation analysis using an overlapping generations model within two large regions

Tanaka, Hiroki; Hidaka, Masahiro - 2010

We here expand the static tax competition models in symmetric small regions, which were indicated by Zodrow and Mieszkowski (1986) and Wilson (1986), to a dynamic tax competition model in large regions, taking consideration of the regional asymmetry of productivity of public capital and the...

Persistent link: https://www.econbiz.de/10011574922

Optimal Public Investment in Economic Centers and the Periphery

Meurers, Martin - 2018

We analyze productivity enhancing public expenditure in a spatial economic model with labor mobility, firm-specific increasing returns to scale, and transport costs. Building on Krugman (1991), Fujita, Krugman and Venables (1999) and Redding (2016), we compare optimal investment and tax policies...

Persistent link: https://www.econbiz.de/10012916485

Regional investment and individual redistribution in a federation

Kessing, Sebastian; Schneider, Benny - 2014

We study the strategic incentives of regional governments to allocate their budget to public investment and to public consumption expenditures against the background of an incentive-compatible redistribution policy set by the central government. Regional investment changes the productivity...

Persistent link: https://www.econbiz.de/10010429124

Central governance or subsidiarity : a property-rights approach to federalism

Lülfesmann, Christoph - 2001 - Revised: October 2000

The paper reconsiders the theory of fiscal federalism in a framework inspired by property-rights theory. We set up a two-period model where on a first stage a region in a federation can expend value-enhancing investments into a public project. The project can be implemented on a second stage,...

Persistent link: https://www.econbiz.de/10011538721

Central governance or subsidiarity : a property-rights approach to federalism

Lülfesmann, Christoph - 2001

Persistent link: https://www.econbiz.de/10013430405

Frameworks for central-local government relations and fiscal sustainability

Morgan, Peter J.; Trinh, Long Q. - 2016

stability and sustainability at both the central and local government levels. Based upon the evidence on the decentralization …

Persistent link: https://www.econbiz.de/10011561683