Natural Disaster Impacts and Fiscal Decentralization
نویسندگان
چکیده
منابع مشابه
Globalization and Fiscal Decentralization
The international integration of markets and the decentralization of authority within nation states are two defining trends of the contemporary era. A popular speculation is that globalization has caused a downward shift in the locus of governance by reducing the economic costs of smallness and allowing localities and regions with distinctive preferences to pursue their own political and econom...
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The fiscal decentralization impulse now sweeping the world often leads to partial decentralization, where subnational governments are funded by central transfers, rather than leading to full local autonomy. Despite the practical important of this arrangement, the literature contains no economic analysis of a partial decentralization regime in a Tiebout-style model. This paper provides such an a...
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Excessive borrowing by subnational governments due to soft budget constraints and intergovernmental coordination failures might be one of the perils of decentralization. Despite a large body of case studies, empirical investigations on whether decentralization increases consolidated public debt levels are still scarce. This paper contributes to the literature by exploring econometrically for se...
متن کاملDisaster and Decentralization
This paper studies the effect of fiscal and political decentralization on the death toll by disasters for up to 46 developing and transitional economies from 1974 to 2004. The results show that elected government at the local level does not help mitigate disaster risk. This study underscores the importance of the joint effects of different forms of decentralization and shows that when political...
متن کاملFiscal Decentralization and Government Size
This paper explores the link between fiscal decentralization and government size in Latin America. While most related work attempts to test Brennan and Buchannan's "Liviathan" hypothesis, here the emphasis is placed on a different channel: the potential for decentralization to aggravate the common pool problem. In addition to the degree of expenditure decentralization, we consider the importanc...
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ژورنال
عنوان ژورنال: Land Economics
سال: 2012
ISSN: 0023-7639,1543-8325
DOI: 10.3368/le.89.1.101