This paper re-examines the question of whether federal ex-post redistribution in terms of public funds leads to under-provision of public goods when member states may leave the economic federation. We show that federal ex-post redistribution under a binding participation constraint does not necessarily mean under-provision of local and federal public goods.

A note on public goods in a decentralized fiscal union: Implications of a participation constraint / T. Aronsson, L. Micheletto, T. Sjögren. - In: JOURNAL OF URBAN ECONOMICS. - ISSN 0094-1190. - 84:(2014 Nov), pp. 1-8. [10.1016/j.jue.2014.08.005]

A note on public goods in a decentralized fiscal union: Implications of a participation constraint

L. Micheletto
Secondo
;
2014

Abstract

This paper re-examines the question of whether federal ex-post redistribution in terms of public funds leads to under-provision of public goods when member states may leave the economic federation. We show that federal ex-post redistribution under a binding participation constraint does not necessarily mean under-provision of local and federal public goods.
Ex-post redistribution; Fiscal federalism; Participation constraint; Public goods
Settore SECS-P/03 - Scienza delle Finanze
Settore SECS-P/02 - Politica Economica
Settore SECS-P/01 - Economia Politica
nov-2014
Article (author)
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2434/239992
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