Fiscal Decentralization in Specific Areas of Government A Technical Note

This study makes a contribution in two basic areas. First, it sets up a model which combines efficiency as well as political economy aspects in explaining the degree of fiscal decentralization. It innovates in making explicit the benefits from better informed politicians and policy makers (Von Hayek...

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Detalles Bibliográficos
Autores principales: José Luis Sáez Lozano, Leonardo Letelier S
Formato: Artículo científico
Publicado: Centro de Investigación y Docencia Económicas, A.C. 2013
Materias:
Economía y Finanzas
Keywords
political economy
median voter
fiscal federalism
decentralization
Acceso en línea:http://www.redalyc.org/articulo.oa?id=32329969005
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-010&d=32329969005oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-32329969005oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic Economía y Finanzas
Keywords
political economy
median voter
fiscal federalism
decentralization
spellingShingle Economía y Finanzas
Keywords
political economy
median voter
fiscal federalism
decentralization
José Luis Sáez Lozano
Leonardo Letelier S
Fiscal Decentralization in Specific Areas of Government A Technical Note
topic_facet Economía y Finanzas
Keywords
political economy
median voter
fiscal federalism
decentralization
description This study makes a contribution in two basic areas. First, it sets up a model which combines efficiency as well as political economy aspects in explaining the degree of fiscal decentralization. It innovates in making explicit the benefits from better informed politicians and policy makers (Von Hayek effect) and the potential cost push effect on public services and public goods (Scale Effect) resulting from decentralization. It takes advantage of previous literature in recognizing the extent of the ideological distance between the local and the national median voter as a third factor worth considering in the social cost benefit analysis of decentralization. Second, the aforementioned effects are put into the context of specific functional areas of government, each of them having a particular set of characteristics which lead to a different degree of decentralization. The net outcome will be the result of combining the rent seeking orientation of the central government with the particular median voter demand for each different public good.
format Artículo científico
Artículo científico
author José Luis Sáez Lozano
Leonardo Letelier S
author_facet José Luis Sáez Lozano
Leonardo Letelier S
author_sort José Luis Sáez Lozano
title Fiscal Decentralization in Specific Areas of Government A Technical Note
title_short Fiscal Decentralization in Specific Areas of Government A Technical Note
title_full Fiscal Decentralization in Specific Areas of Government A Technical Note
title_fullStr Fiscal Decentralization in Specific Areas of Government A Technical Note
title_full_unstemmed Fiscal Decentralization in Specific Areas of Government A Technical Note
title_sort fiscal decentralization in specific areas of government a technical note
publisher Centro de Investigación y Docencia Económicas, A.C.
publishDate 2013
url http://www.redalyc.org/articulo.oa?id=32329969005
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-010&d=32329969005oai
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