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A large literature examines government fiscal interactions in federations. However, the empirical evidence is scattered and inconclusive, especially with respect to the size of interactions, as well as the institutional and economic determinants underpinning them. This paper uses meta-regression...
Persistent link: https://www.econbiz.de/10013122257
A large literature examines government fiscal interactions in federations. However, the empirical evidence is scattered and inconclusive, especially with respect to the size of interactions, as well as the institutional and economic determinants underpinning them. This paper uses meta-regression...
Persistent link: https://www.econbiz.de/10009230792
A growing literature documents the existence of strategic political reactions to public expenditure in one jurisdiction on either neighboring or reference jurisdictions. The latter might give raise to downward expenditure spiral, or "race to the bottom". However, in ascertaining the empirical...
Persistent link: https://www.econbiz.de/10010479922
Persistent link: https://www.econbiz.de/10010480107
A growing literature documents the existence of strategic political reactions to public expenditure between rival jurisdictions. These interactions can potentially create a downward expenditure spiral (‘race to the bottom') or a rising expenditure spiral (‘race to the top'). However, in the...
Persistent link: https://www.econbiz.de/10013026688
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