We review yardstick competition theory as applied to fiscal choices in the intergovernmental context. We show that the theory is consistent with opposite results concerning neighbouring governments' fiscal behaviour, and discuss some empirical implications.
Bordignon, M., Cerniglia, F. M., Revelli, F., Yardstick competition in intergovernmental relationships: theory and empirical predictions, <<ECONOMICS LETTERS>>, 2004; (83): 325-333. [doi:10.1016/j.econlet.2003.11.014] [http://hdl.handle.net/10807/5436]
Yardstick competition in intergovernmental relationships: theory and empirical predictions
Bordignon, Massimo;Cerniglia, Floriana Margherita;
2004
Abstract
We review yardstick competition theory as applied to fiscal choices in the intergovernmental context. We show that the theory is consistent with opposite results concerning neighbouring governments' fiscal behaviour, and discuss some empirical implications.
File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
