Showing 31 - 40 of 81,542
Persistent link: https://www.econbiz.de/10015407045
Persistent link: https://www.econbiz.de/10012196153
Persistent link: https://www.econbiz.de/10012876235
Persistent link: https://www.econbiz.de/10013470608
response. In this paper, we explore the effect that competition for residents induced by fiscal decentralization has on 'waste … an additional advantage of fiscal decentralization …
Persistent link: https://www.econbiz.de/10012470537
We analyze the strategic interaction of regional and federal governments using a model that includes fiscal externalities in the form of inter-regional capital tax competition and technical externalities in the form of inter-regional spillovers. The federal government aims to correct for these...
Persistent link: https://www.econbiz.de/10011994863
Persistent link: https://www.econbiz.de/10012226576
We analyze a model of moral hazard in local public services which could be efficiently managed by officials under local democratic accountability, but not by officials who are appointed by the ruler of a centralized autocracy. The ruler might prefer to retain an official who diverted resources...
Persistent link: https://www.econbiz.de/10012587346
-best allocation and show efficiency can be implemented with decentralization using head taxes. We calibrate the model and compare … decentralization and property taxation are large, dissipating most if not all the potential welfare gains that efficient … decentralization could achieve. In property tax equilibrium centralization is frequently more efficient! An externality in community …
Persistent link: https://www.econbiz.de/10012461406
Persistent link: https://www.econbiz.de/10010476932