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Redistributing income under fiscal vertical imbalance

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Author Info
Bouton, Laurent
Gassner, Marjorie
Verardi, Vincenzo

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Abstract

From the literature on decentralization, it appears that the fiscal vertical imbalance (i.e. the dependence of sub-national governments on national government revenues to support their expenditures) is somehow inherent to multi-level governments. Using a stylized model we show that this leads to a reduction of the extent of redistributive fiscal policies if the maximal size of government has been reached. To test for this empirically, we use some high quality data from the LIS dataset on individual incomes. The results are highly significant and point in the direction of our theoretical predictions.

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File URL: http://www.sciencedirect.com/science/article/B6V97-4RSYC3R-1/1/cd4c23a9d58792d9ba8b75bc4a8e8151
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Publisher Info
Article provided by Elsevier in its journal European Journal of Political Economy.

Volume (Year): 24 (2008)
Issue (Month): 2 (June)
Pages: 317-328
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Handle: RePEc:eee:poleco:v:24:y:2008:i:2:p:317-328

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Web page: http://www.elsevier.com/locate/inca/505544

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  1. Bilin Neyapti, 2008. "Fiscal Decentralization and Deficits : International Evidence," Departmental Working Papers 0802, Bilkent University, Department of Economics. [Downloadable!]
  2. De Borger B. & Verardi V., 2008. "Estimating the direct costs of social conflicts: road blockings in Bolivia," Working Papers 2008013, University of Antwerp, Faculty of Applied Economics. [Downloadable!]
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