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.
Inglese
Bordignon, M., Cerniglia, F. M., Revelli, F., Yardstick competition in intergovernmental relationships: theory and empirical predictions, <>, 2004; (83): 325-333. [doi:10.1016/j.econlet.2003.11.014] [http://hdl.handle.net/10807/5436]
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/10807/5436
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