On regional integration, fiscal income, and GDP per capita

نویسندگان

چکیده

This paper investigates the economic impacts of regional integration on a small, less developed jurisdiction in dynamic fiscal competition environment. The trade-offs between benefits and loss policy flexibility resulting from are analyzed perspectives revenue GDP per capita. Our results show that small jurisdiction's policymaking can dominate other effects integration. Specifically, if efficiency providing public inputs is originally sufficiently high (low), always reduces (improves) its net revenue, independently extent improvement due to However, when intermediate, impact crucially depends magnitude effect. analysis also characterizes one hand capital mobility equalization other.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Opportunity Inequality and its Effects on Economic Growth and Per Capita GDP

Opportunity inequality and its relationship with economic growth is a concept to which not enough attention has been paid in the previous studies. This study attempts to investigate the effects of opportunity inequality index on economic growth in 15 developing and 15 developed countries over the years 1995-2015. Accordingly, the mean group (MG) estimator within the framework of panel data was ...

متن کامل

The Effects of Governance Indicators on Per Capita Income, Investment and Employment in Selected Mena Countries

Governance is a way of exercising power in economic and social resource management of a country. Good governance criteria have different weights and relation with regard to the conditions and information of any country. This study is a descriptive survey and has been carried out to calculate the coefficients and weights of each indicator of good governance in Mena countries and identification o...

متن کامل

Regional Convergence in per Capita Personal Income in the US and Canada

This study examines regional convergence in per capita personal income in the US and Canada. We find that the disparity in real per capita income levels across US states (Canadian provinces) has declined, but income levels are not identical. Income levels become more aligned once costs of living are accounted for in relative per capita income series. US states (Canadian provinces) converge at a...

متن کامل

Per Capita Income and the Quality and Variety of Imports

We investigate how the division of aggregate income into per capita income and population affects the margins of imports. In the first part, we use data on imports of 123 countries to document a positive relationship between per capita income and both the extensive and quality margin of imports, for a given level of aggregate GDP. These relations hold at various levels of disaggregation. While ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Scottish Journal of Political Economy

سال: 2021

ISSN: ['0036-9292', '1467-9485']

DOI: https://doi.org/10.1111/sjpe.12281