Download or read book Three Essays on Fiscal Federalism written by Ross David Hickey and published by . This book was released on 2009 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays on fiscal federalism. The first essay takes a political economy approach to fiscal centralization, through federation formation. I analyze a simple two region model of federalism with interregional policy spillovers. Departing from a state of independence with decentralized provision of public policy we analyze the proposed formation of a federation to internalize the spillovers. A federation forms when the centralized outcomes satisfy participation constraints. With this restriction to rational federalism we then consider equilibrium allocations under alternative institutional environments involving; simple majority voting, restriction of uniform taxation, and regional bargaining through a bicameral legislature. The analysis illustrates the importance of these institutions on the allocation of policy authority in federations that form. The model produces clear results with regards to the feasible set of equilibrium centralization and the allocations of publicly provided goods therein. In the second essay local governments compete over a mobile business property tax base by adjusting their tax rates. This paper estimates the effect of neighboring tax rates on a local government's tax rate. This tax setting best response function is estimated with a difference-in-differences model. Endogeneity of neighboring tax rates is avoided by using election outcomes as an instrumental variable. The model is estimated using data from the municipalities of British Columbia, Canada. The findings indicate that tax competition is a determining factor of tax setting behavior. The results are discussed with reference to the local government institutions and the rising property values. The third essay studies intergovernmental transfers. Many intergovernmental transfers are said to serve political purposes. I augment a standard model of political career concerns allowing for multilevel governance, to investigate this assertion. When elections are staggered, an equilibrium exists with positive transfers. These transfers are motivated by two factors; sabotaging challengers and rent smoothing. These transfers are non-partisan and an artifact of the electoral dynamics as prescribed by an electoral calendar and politicians' career concerns. These results are discussed with reference to the growing literature on the partisan basis of intergovernmental transfers.
Download or read book Three Essays on Fiscal Federalism and Fiscal Decentralization written by and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Setting Taxes on Mobile Bases written by Nicola Zeno Mauri and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thèse. HEC. 2023
Download or read book Essays in Fiscal Federalism written by Richard Abel Musgrave and published by Praeger. This book was released on 1977 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Equalization Transfers in a Fiscal Federalism written by Jin Woong Kim and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This doctoral thesis contains three essays on equalization transfers in a fiscal federalism. In Chapter One, we study the impact of equalization transfers in a fiscal federalism on the policies of the regional governments. This chapter presents a dynamic general equilibrium model of a fiscal federalism in which two asymmetric regions provide their residents with non-productive public expenditures (a flow) and public capital (a stock). In our model, each regional government behaves strategically in choosing its policies to maximize the discounted welfare of its own residents, under the equalization transfer scheme. Our analysis indicates that the the tax on the use of the private capital input is equal to zero in the steady state. In addition, we observe that the only change induced by the equalization transfer scheme is an increase in the non-productive public expenditures in less-endowed region (Quebec) with an offsetting fall in the non-productive public expenditures in more-endowed region (Ontario). The results of the numerical exercise we carry out also suggest that an equalization scheme in a federal state lowers the welfare gap between a rich and a poor region. In Chapter Two, we investigate how the equalization transfer formula is determined and how the equalization transfer program affects a region's policies. This chapter presents a political economy model of equalization payments in a fiscal federalism in which asymmetric regional governments, who care about the welfare of its own residents, lobby the (incumbent) federal government, who takes into consideration both the welfare of the federation and the political support it receives from the states when allocating equalization transfers. It is shown that if the federal government allows politics to distort its economic policy it actively implements an equalization transfer program that is different from the one it would implement if it behaved like a benevolent dictator. The equalization transfer scheme implemented by the federal government induces a fall in the investment of public capital in both regions, and if the political power of the poor region is sufficiently higher than that of the rich province, then the equalization transfer scheme induces a higher level of the non-productive public good in the poor region than in the rich region. A numerical example is provided to illustrate this result. Chapter Three presents a model of equalization transfers in a federation in which each regional government has private information on its own technology for public service delivery. The aim of the federal government is to design an equalization transfer scheme that is Bayesian incentive compatible and satisfies the interim participation constraint in order to achieve the goal of providing residents of a poor region with at least a certain level of utility without imposing an excessive burden on the giving region. We show that the equalization transfers allow the recipient region to raise its private consumption above the level it would have attained in the absence of equalization transfers because some of the transfer is allocated to raise private consumption. Furthermore, it is shown that the equalization transfers are also lower if the federal government can observe the type of the poor region.
Download or read book Essays in Fiscal Federalism written by Richard Abel Musgrave and published by . This book was released on 1965 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pork barrel Spending Term limits and Rainy day Funds written by Christian Yves González Amador and published by . This book was released on 2002 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Fiscal Federalism written by Floriana Cerniglia and published by . This book was released on 2001 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Fiscal Federalism written by Mikhail Grigor'evich Veselov and published by . This book was released on 1965 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on fiscal federalism in brazil written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Os três ensaios que compõem esta tese, têm como objetivo analisar o funcionamento do federalismo fiscal no Brasil. O primeiro analisa as tendências de longo prazo no graude centralização e no crescimento do governo e sua relação durante o século XX. O achado mais importante deste ensaio é que os processos de descentralização fiscal promovidos pelas Constituições de 1946 e de 1988 aceleraram o crescimento do governo. Esses processos de descentralização provocaram crises no nível federal, que levaram o governo central a aumentar sua receita tributária para compensar a perda de receitas derivada da descentralização de recursos fiscais. Do outro lado, essa descentralização provocou o crescimento da despesa dos estados e municípios, que não foi compensado pela redução da despesa do governo federal. O segundo ensaio analisa a utilização de transferências intergovernamentais como mecanismo de financiamento dos níveis inferiores de governo. Esse ensaio desenvolveum modelo analítico para explicar o efeito expansivo das transferências sobre a despesa das unidades receptoras, conhecido como flypaper effect, e as diferenças regionais na sua intensidade. Usando um modelo de parámetros variando no espaço, o estudo demonstra empíricamente a presença do flypaper effect nas finanças dos municípios brasileros esuas diferenças regionais. Finalmente, o terceiro estuda os determinantes político institucionais do comportamento fiscal dos estados durante o período 1985-1997. O ensaio mostra a existência de ciclos políticos eleitorais, a influência expansionista da fragmentação do sistema partidário sobre a postura fiscal dos estados, a disciplina fiscal imposta pela da participação política da população e o fato de que que administrações estaduais de esquerda tendem a adotar posturas fiscais mais expansionistas do que as adotadas por administrações estaduais de centro ou de direita.
Download or read book Four Essays on Fiscal Federalism written by Robert Paul Inman and published by . This book was released on 1972 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Fiscal Federalism written by Luis Pinheiro De Matos and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Fiscal Federalism by Richard A Musgrave written by Richard Abel Musgrave and published by . This book was released on 1965 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Fiscal Federalism and Political Economy written by Brian G. Knight and published by . This book was released on 2000 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federalism Public Good Provision and Corruption written by Bodhisattva Sengupta and published by . This book was released on 2007 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the third essay, the disciplinary role of elections is discussed. The incumbent politician in a province, with locally procured taxes, provides a local public good and appropriates some private rent. The incumbent's reputation decreases with the amount of rent. Voters may judge the performance of the incumbent in two ways: either his absolute performance matters or his performance is compared with that of the neighboring provinces' incumbent through yardstick competition. In a static setting, the unitary evaluation fares better than relative evaluation in restraining the politician. However, in a dynamic setting, when the stock of reputation increases through time, a relative evaluation imposes higher discipline on incumbent politician." --
Download or read book An Essay on Fiscal Federalism written by Wallace E. Oates and published by . This book was released on 1999 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in fiscal federalism Richard A Musgrave editor Second printing written by Richard Abel Musgrave and published by . This book was released on 1965 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt:
