regional revenues) in the entire Autonomous regions’ trajectory. Finally, it is worth noting the surprising lack of commitment … in terms of effective corresponsibility and budgeting consolidation in regional governments, which can be explained an …

degree of regional tax competition is good for country’s welfare. Moreover, we show that the implementation of the regional … firmspecific policies weakly welfare dominates the implementation of the regional non-firmspecific ones. Hence the not infrequent …

Compensación Regional, quepermita canalizar recursos hacia las zonas rezagadas del país. Estedocumento presenta las bases de lo que …

regional governments. We use a model that has two regions, each with households, firms, and a regional government as well as a … federal government. The households, firms, and regional governments are all optimizers--households maximize utility, firms … maximize profits, and we assume that regional governments are empire-builders in that they choose their expenditure and tax …