Fiscal Competition and the Composition of Public Expenditure: An Empirical Study
This paper investigates whether fiscal competition affects the structure of public spending, where theory predicts a shift from residential public goods to industrial public goods. We propose an empirical model that specifically accounts for the strategic nature and endogeneity of fiscal competition...
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Format: | Article |
Language: | English |
Published: |
University of Economics and Human Sciences in Warsaw
2012-09-01
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Series: | Contemporary Economics |
Online Access: | http://ce.vizja.pl/en/download-pdf/id/249 |