Interregional disparities in productivity and the choice of fiscal regime

研究成果: Article査読

1 被引用数 (Scopus)

抄録

Two districts with divergent productivity levels engage in policy-making on the provision of local public goods that enhance future income and hence create a dynamic linkage across periods. The policy choices of district representatives are derived under alternative fiscal systems, and the relative merits of the systems are evaluated. It is predicted that a decentralized system is more likely to be selected in a more equal society. On the other hand, when a great deal of benefit spills over from a local public good, or when policy makers are expected to care solely about the immediate effects of their decisions on their districts, a centralized system is more likely to be selected.

本文言語English
ページ(範囲)383-409
ページ数27
ジャーナルJournal of Public Economic Theory
11
3
DOI
出版ステータスPublished - 2009 6
外部発表はい

ASJC Scopus subject areas

  • 社会学および政治科学
  • 財務
  • 経済学、計量経済学

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