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We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...
Persistent link: https://www.econbiz.de/10014356487
We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...
Persistent link: https://www.econbiz.de/10014344718
Most party systems have seen a considerable rise in polarization during the past decades. We show that fiscal policies have contributed to this development. Our macro-level analysis of 166 elections since 1980 finds that austerity increases both electoral abstention and votes for non-mainstream...
Persistent link: https://www.econbiz.de/10012841064
. The results are confirmed by extensive robustness tests such as the sensitivity analysis and the robust estimation method …
Persistent link: https://www.econbiz.de/10014109806
. The results are confirmed by extensive robustness tests such as the sensitivity analysis and the robust estimation method …
Persistent link: https://www.econbiz.de/10014110755
Austerity is a concept that is often used in the public debate. It refers to fiscal policy measures that reduce government spending and raise taxes for the purposes of closing a government budget deficit. This paper analyzes the concept in the context of the current European economic crisis and...
Persistent link: https://www.econbiz.de/10013107161
This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between...
Persistent link: https://www.econbiz.de/10013059088
, the estimation results seem to indicate that government consumption shocks have Keynesian effects for both industrial and …
Persistent link: https://www.econbiz.de/10013318911
Persistent link: https://www.econbiz.de/10012599005
Persistent link: https://www.econbiz.de/10003854805