| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22304 |
| 来源ID | Working Paper 22304 |
| Unsticking the Flypaper Effect Using Distortionary Taxation | |
| Carlos A. Vegh; Guillermo Vuletin | |
| 发表日期 | 2016-06-06 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | The flypaper effect is a widely-documented puzzle whereby the propensity of sub-national governmental units to spend out of unconditional transfers is higher than the propensity to spend out of private income. Building on previous insights in the literature that rationalize this puzzle using costly taxation, we develop a simple optimal fiscal policy model with distortionary taxation that generates two novel and testable implications: (i) there should be a positive association between the size of the flypaper effect and the level of the tax rate, and (ii) the flypaper effect should be larger the lower the elasticity of substitution between private and public spending and, in fact, should vanish for very high degrees of substitution. We show that these hypotheses hold for Argentinean provinces and Brazilian states. |
| 主题 | Public Economics ; Taxation ; Public Goods ; National Fiscal Issues ; Subnational Fiscal Issues |
| URL | https://www.nber.org/papers/w22304 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579977 |
| 推荐引用方式 GB/T 7714 | Carlos A. Vegh,Guillermo Vuletin. Unsticking the Flypaper Effect Using Distortionary Taxation. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22304.pdf（434KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
