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In this paper, we build upon earlier research on second order devolution and subsidiarity in state-local functions and … that incorporate major state-local service outcomes as dependent variables. We find that a state’s embrace of subsidiarity …
Persistent link: https://www.econbiz.de/10014191987
This paper provides a political-economy explanation of the degree of centralization in economic policy making. To determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization and the regional cost shares of centrally decided...
Persistent link: https://www.econbiz.de/10012755787
The vast majority of federations lack exit clauses. Existing theoretical explanations of this stylized fact focus on issues of credible commitment, signaling, and the risk of strategic exploitation. However, such accounts are unable to explain the adoption by the European Union (EU) of Article...
Persistent link: https://www.econbiz.de/10011884402
We empirically analyze the determinants of the fiscal decentralization in the European Union. Our approach consists on a quantile regression for the period 2005-2017. The results show the differences in the impact of explanatory variables on the fiscal decentralization by quantiles....
Persistent link: https://www.econbiz.de/10012821280
mobility of the population. A second implication is that fiscal expansion of the EU to include an EU-level income tax may tend …
Persistent link: https://www.econbiz.de/10011443043
This paper provides a political-economy explanation of the degree of centralization in economic policy making. To determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization and the regional cost shares of centrally decided...
Persistent link: https://www.econbiz.de/10010296374
This paper provides a political-economy explanation of the degree of centralization in economic policy making. To determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization and the regional cost shares of centrally decided...
Persistent link: https://www.econbiz.de/10010275659
We develop a model of Tiebout sorting based on decentralized income taxation, which allows for spillovers and imperfect rivalry in consumption of the publicly provided good. We identify three sources of welfare loss from decentralization: Imperfect redistribution, inter-jurisdictional...
Persistent link: https://www.econbiz.de/10012061833
We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...
Persistent link: https://www.econbiz.de/10010496890
This paper investigates how the abolishment of a ban on tuition fees affects the quality of higher education with centralized and decentralized decision making. It is shown that tuition fees fully crowd public funds under centralization and quality of university education does not improve....
Persistent link: https://www.econbiz.de/10010296820