Showing 1 - 10 of 760,831
Musgravian externalities, formulated and illustrated by Musgrave in a 1966 paper on social goods are seen in this paper …
Persistent link: https://www.econbiz.de/10011409762
internalize cross-border externalities of publicly provided goods. It discusses two types of unions: federations with more than …
Persistent link: https://www.econbiz.de/10011409985
This paper analyzes whether changes in the timing of equalizing transfers to state governments necessitate an adjustment in federal corrective policy. According to the existing literature (assuming an ex-ante choice of transfers), the corrective grant is equal to the marginal damage/benefit...
Persistent link: https://www.econbiz.de/10012779700
centralization that will be adopted, and that asymmetric forms of federalism are often consequences of ongoing negotiations between … convention. In each case, an asymmetric form of federalism is the predicted outcome, although the degree of asymmetry differs …
Persistent link: https://www.econbiz.de/10012767327
those who are sanguine about private markets become reserved when externalities affect large populations. The distinction … between private and societal interest is well understood for pecuniary externalities, but neglect of Buchanan and Stubblebine … of the affected, a surprising number of externalities will readily fix themselves. The desirability of corrective …
Persistent link: https://www.econbiz.de/10014075784
This paper studies the equilibrium size of countries. Individuals in small countries have greater influence over the nature of political decision making while individuals in large countries have the advantage of more public goods and lower tax rates. The model implies that (i) there exists...
Persistent link: https://www.econbiz.de/10010383037
This paper studies the equilibrium size of countries. Individuals in smallcountries have greater influence over the nature of political decision mak-ing while individuals in large countries have the advantage of more publicgoods and lower tax rates. The model implies that (i) there exists...
Persistent link: https://www.econbiz.de/10011334838
This paper studies the equilibrium size of countries. Individuals in small countries have greater influence over the nature of political decision making while individuals in large countries have the advantage of more public goods and lower tax rates. The model implies that (i) there exists...
Persistent link: https://www.econbiz.de/10014072804
internalize cross-border externalities of publicly provided goods. It discusses two types of unions: federations with more than …
Persistent link: https://www.econbiz.de/10013320503
This paper studies the equilibrium size of countries. Individuals in smallcountries have greater influence over the nature of political decision mak-ing while individuals in large countries have the advantage of more publicgoods and lower tax rates. The model implies that (i) there exists...
Persistent link: https://www.econbiz.de/10010325525