haku: @indexterm Centralisation / yhteensä: 92
viite: 14 / 92
Tekijä: | Lockwood, B. |
Otsikko: | Distributive politics and the costs of centralization |
Lehti: | Review of Economic Studies
2002 : APR, VOL. 69:2(239), p. 313-337 |
Asiasana: | Centralisation Decentralisation Fiscal policy Political economy Regional policy |
Kieli: | eng |
Tiivistelmä: | This paper studies the choice between centralization and decentralization of fiscal policy in a political economy setting. With centralization, regional delegates vote over agendas comprising sets of region-specific projects. The outcome is inefficient because of the choice of projects is insufficiently sensitive to within-region benefits. |
SCIMA