全球智库信息集成服务系统(G2TT): DP866 Computing Effective Tax Rates on Factor Incomes and Consumption: An International Macroeconomic Perspective

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP866
	DP866 Computing Effective Tax Rates on Factor Incomes and Consumption: An International Macroeconomic Perspective
	Assaf Razin; Enrique Mendoza; Linda Tesar
发表日期	1994-01-31
出版年	1994
语种	英语
摘要	This paper approaches the question of the appropriate level of decentralization of power in government as a problem in the allocation of control rights under incomplete contracts. This approach is preferable to that of the literature following the Tiebout model of local public goods, which analyses the merits of the differentiation of policy by locality but has nothing to say about the decentralization of power as such. The model of this paper compares allocations of power to regional and central government as alternative means of motivating governments to act in the interests of citizens. Centralization allows benefits from policy coordination but has costs in terms of diminished accountability, which can be precisely defined as the reduced probability that the welfare of a given region can determine the re-election of the government. The model is extended to allow for conflicts of interest within regions, and for the possibility that governments may act as Leviathans appropriating resources for their own use. Conditions are derived under which a given region will be better off under central or regional government.
关键词	Accountability Decentralization Incomplete contracts Tiebout model
URL	https://cepr.org/publications/dp866
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/530021
推荐引用方式 GB/T 7714	Assaf Razin,Enrique Mendoza,Linda Tesar. DP866 Computing Effective Tax Rates on Factor Incomes and Consumption: An International Macroeconomic Perspective. 1994.