Download or read book Journal of Public Finance and Public Choice n 1 3 2012 written by AA. VV. and published by Gangemi Editore spa. This book was released on 2016-02-03T00:00:00+01:00 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents Svetozar (Steve) Pejovich Socialism is Dead, Long Live Socialism Todd Sandler – Khusrav Gaibulloev Terrorism: Rationality, Externalities, and Policy Tom Means – Edward P. Stringham Unintended or intended consequences? The effect of below-market housing mandates on housing markets in California Matt E. Ryan The Evolution of Legislative Tenure in the United States Congress: 1789-2004 Alexander William Salter A Theory of the Dynamics of Entangled Political Economy with Application to the Federal Reserve Richard J. Cebula – Maggie Foley A Panel Data Study of the Effects of Economic Freedom, Regulatory Quality, and Taxation on the Growth Rate of Per Capita Real GDP M.A.G. van Meerhaeghe Mars, Mercurius, Athena. My first ninety years Symposium Domenico da Empoli Some Remarks on Preference Revelation for Public Goods Akira Yokoyama Constitutional Rules of Overlapping Taxation among Multi-tiered Governments Yong J. Yoon The Cost of Collectivizing Moral Goods Richard E. Wagner Public Finance without Taxation: Free-Riding as Institutional Artifact Reviews
Download or read book IMF Staff papers Volume 45 No 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1998-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents international evidence on the determinants of trade dynamics. It provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. A comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants is presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries.
Download or read book Vertical Tax Externalities in the Theory of Fiscal Federalism written by Mr.Michael Keen and published by International Monetary Fund. This book was released on 1997-12-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vertical tax externalities between levels of government can occur in federal structures, with responses to the tax policies of one level of government affecting the tax base of the other. Such effects mostly arise when federal and state governments co-occupy the same tax base. This paper examines these externalities by considering their implications for a range of issues in fiscal federalism: the relationship between state and federal tax rates, the equilibrium levels of these taxes, the relevance of experience in federal countries for policy design in international settings, intergovernmental grants, and the assignment of tax powers among levels of government.
Download or read book Handbook of Multilevel Finance written by Ehtisham Ahmad and published by Edward Elgar Publishing. This book was released on 2015-02-27 with total page 661 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook explores and explains new developments in the _second generation‘ theory of public finance, in which benevolent rulers and governments have been replaced by personally motivated politicians and the associated institutions. Following a com
Download or read book Fiscal Federalism written by Robin Boadway and published by Cambridge University Press. This book was released on 2009-05-11 with total page 629 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprehensively examines the principles and practices of fiscal federalism based on the accepted theoretical framework and best practices.
Download or read book Fiscal Federalism and Decentralization in Mongolia written by Ariunaa Lkhagvadorj and published by Universitätsverlag Potsdam. This book was released on 2010 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal federalism has been an important topic among public finance theorists in the last four decades. There is a series of arguments that decentralization of governments enhances growth by improving allocation efficiency. However, the empirical studies have shown mixed results for industrialized and developing countries and some of them have demonstrated that there might be a threshold level of economic development below which decentralization is not effective. Developing and transition countries have developed a variety of forms of fiscal decentralization as a possible strategy to achieve effective and efficient governmental structures. A generalized principle of decentralization due to the country specific circumstances does not exist. Therefore, decentralization has taken place in different forms in various countries at different times, and even exactly the same extent of decentralization may have had different impacts under different conditions. The purpose of this study is to investigate the current state of the fiscal decentralization in Mongolia and to develop policy recommendations for the efficient and effective intergovernmental fiscal relations system for Mongolia. Within this perspective the analysis concentrates on the scope and structure of the public sector, the expenditure and revenue assignment as well as on the design of the intergovernmental transfer and sub-national borrowing. The study is based on data for twenty-one provinces and the capital city of Mongolia for the period from 2000 to 2009. As a former socialist country Mongolia has had a highly centralized governmental sector. The result of the analysis below revealed that the Mongolia has introduced a number of decentralization measures, which followed a top down approach and were slowly implemented without any integrated decentralization strategy in the last decade. As a result Mongolia became de-concentrated state with fiscal centralization. The revenue assignment is lacking a very important element, for instance significant revenue autonomy given to sub-national governments, which is vital for the efficient service delivery at the local level. According to the current assignments of the expenditure and revenue responsibilities most of the provinces are unable to provide a certain national standard of public goods supply. Hence, intergovernmental transfers from the central jurisdiction to the sub-national jurisdictions play an important role for the equalization of the vertical and horizontal imbalances in Mongolia. The critical problem associated with intergovernmental transfers is that there is not a stable, predictable and transparent system of transfer allocation. The amount of transfers to sub-national governments is determined largely by political decisions on ad hoc basis and disregards local differences in needs and fiscal capacity. Thus a fiscal equalization system based on the fiscal needs of the provinces should be implemented. The equalization transfers will at least partly offset the regional disparities in revenues and enable the sub-national governments to provide a national minimum standard of local public goods.
Download or read book Devolution and Development written by Mwangi S. Kimenyi and published by Routledge. This book was released on 2018-01-18 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through a collection of unique case studies and theoretical analyses, this work examines the genesis and impact of decentralization reforms in developing and transition countries. In particular, the volume shows how decentralization affects governance and efficiency in the provision of public goods and under what conditions decentralization seems to deliver its theoretical benefits. Analyses in the book address current concerns about the interaction of decentralization with social and political structure, resource mobilization, public goods provision and corruption. This work will be invaluable to scholars of politics, development studies and regional studies.
Download or read book Competition and Structure written by Albert Breton and published by Cambridge University Press. This book was released on 2000-06-05 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume, written by well-known economists and other social scientists from North America, Europe, and, in one case, Australia, share to an unusual degree a common concern with the competitive mechanisms that underlie collective decisions and with the way they are embedded in institutional settings. This gives the book a unitary inspiration whose value is clear from the new understanding and insights its chapters provide on important theoretical and practical issues such as the social dimension and impact of trust, the management of information in bureaucratic settings, the role of political parties in constitutional evolution, inter-level rivalry and reassignments of powers in federal and unitary systems of government, the impact of ethnicity and nationalism on federal institutions or arrangements, and the response of governments and overarching institutions of globalization
Download or read book Federalism written by Malcolm Feeley and published by University of Michigan Press. This book was released on 2009-12-21 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federalism is one of the most influential concepts in modern political discourse as well as the focus of immense controversy resulting from the lack of a single coherent definition. Malcolm M. Feeley and Edward Rubin expose the ambiguities of modern federalism, offering a powerful but generous treatise on the modern salience of the term. “Malcolm Feeley and Edward Rubin have published an excellent book.” —Sanford Levinson, University of Texas at Austin “At last, an insightful examination of federalism stripped of its romance. An absolutely splendid book, rigorous but still accessible.” —Larry Yackle, Boston University “Professors Feeley and Rubin clearly define what is and is not federal system. This book should be required for serious students of comparative government and American government.” —G. Ross Stephens, University of Missouri, Kansas City “Feeley and Rubin have written a brilliant book that looks at federalism from many different perspectives—historical, political, and constitutional. Significantly expanding on their earlier pathbreaking work, they have explained the need for a theory of federalism and provided one. This is a must read book for all who are interested in the Constitution.” —Erwin Chemerinsky, Duke University School of Law
Download or read book The Economics of School Choice written by Caroline M. Hoxby and published by University of Chicago Press. This book was released on 2007-11-01 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now that the U.S. Supreme Court has declared school voucher programs constitutional, the many unanswered questions concerning the potential effects of school choice will become especially pressing. Contributors to this volume draw on state-of-the-art economic methods to answer some of these questions, investigating the ways in which school choice affects a wide range of issues. Combining the results of empirical research with analyses of the basic economic forces underlying local education markets, The Economics of School Choice presents evidence concerning the impact of school choice on student achievement, school productivity, teachers, and special education. It also tackles difficult questions such as whether school choice affects where people decide to live and how choice can be integrated into a system of school financing that gives children from different backgrounds equal access to resources. Contributors discuss the latest findings on Florida's school choice program as well as voucher programs and charter schools in several other states. The resulting volume not only reveals the promise of school choice, but examines its pitfalls as well, showing how programs can be designed that exploit the idea's potential but avoid its worst effects. With school choice programs gradually becoming both more possible and more popular, this book stands out as an essential exploration of the effects such programs will have, and a necessary resource for anyone interested in the idea of school choice.
Download or read book Toward a New Mission Statement for Canadian Fiscal Federalism written by Harvey Lazar and published by IIGR, Queen's University. This book was released on 2000 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada: State of the Federation, 1999–2000 identifies and explains major threads in Canadian fiscal federalism. Set against the cacophony over domineering and arrogant centralization from supporters of Quebec sovereignty/session on the one hand, and fears that excessive decentralization is fuelling an obsessively neo-liberal agenda on the other, these essays replace much of this heat with new light. The authors begin with an examination of recent developments in the theoretical literature surrounding fiscal federalism. They then examine some of the major issues facing the federation – Is there a vertical imbalance between federal and provincial governments? Does Ottawa collect more revenues than are needed relative to its spending responsibilities while the provinces are under-funded? How do federal-provincial struggles over money and jurisdictional power affect local government or the para-public sector, emerging aboriginal governments, and citizens? Federal government actions in 1999 suggest that Ottawa has not lost all of its interest in social outcomes. It is, however, seeking to influence the well-being of citizens by transferring money to them directly rather than through transfers to provinces. The authors suggest that if this trend continues the approach to the millennium will be seen as a watershed in public policy, given that current trends in Canadian fiscal federalism are as much about re-balancing the federation as they are about decentralization.
Download or read book The Interaction of Federal and Provincial Taxes on Businesses written by Marianne Vigneault and published by The Committee. This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an analysis of the ways in which the interaction between federal and provincial taxes on businesses can create distortions in the levels and types of taxation and identifies ways in which these distortions can be minimized or even eliminated.
Download or read book Journal of Public Economics written by and published by . This book was released on 2002 with total page 1024 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Working Paper written by and published by . This book was released on 1997 with total page 886 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Marginal Cost of Public Funds written by Bev Dahlby and published by MIT Press. This book was released on 2008-04-25 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unified treatment of the marginal cost of public funds, covering both its theoretical foundations and how the MCF concept can be used to analyze tax policy issues. The marginal cost of public funds (MCF) measures the loss incurred by society in raising additional revenues to finance government spending. The MCF has emerged as one of the most important concepts in public economics; it is a key component in evaluations of tax reforms, public expenditure programs, and other public policies. The Marginal Cost of Public Funds provides a unified treatment of the MCF, carefully developing its theoretical foundations in a variety of contexts and describing its application to a wide range of policies—from excise taxes in Thailand to public sector borrowing in Canada and the United States. The Marginal Cost of Public Funds develops the basic theory of the MCF within the framework of public economics and shows how it is related to the traditional measures of the efficiency loss from distortionary taxation. The MCF concept is then applied to the major sources of revenues for governments—sales and excise taxes, taxes on labor income, taxes on the return to capital, public sector borrowing, and intergovernmental grants. This book will be an essential reference for economists and public policy analysts both in and out of government. Exercises and recommendations for further reading at the end of each main chapter highlight its usefulness as a supplementary text in advanced undergraduate or graduate courses in public economics.
Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
Download or read book Urban Public Finance written by D. Wildasin and published by Routledge. This book was released on 2013-09-05 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers such issues as the effect of local government policies on migration, the optimal size of cities, tax and expenditure capitalization, the economics of intergovernmental transfers, tax exporting and tax competition.
