Testing yardstick competition through a vote-function: evidence from the Walloon municipalities
AbstractThis paper aims at testing yardstick competition among the local jurisdictions of the Walloon Region (Southern part of Belgium) by directly testing its seminal hypothesis: yardstick voting. Actually the theory states that local incumbents are mimicking themselves because they fear punishment for implementing higher tax rates than in the neighbouring jurisdictions. Our research question is whether voters punish their incumbents for higher tax rates?We estimate different specifications of a vote function. None of them supports the yardstick voting hypothesis. One can thus exclude yardstick voting as a statistically supported behaviour of taxpayers. And we can exclude yardstick competition as a source of tax interactions in the Walloon region if yardstick voting is a testable hypothesis of yardstick competition. Indeed, if the tax rates of the neighbouring jurisdictions do not influence votersâ€™ choices, incumbents do not have to fear an electoral punishment and then mimicking each other is meaningless.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Oviedo University Press in its journal Economics and Business Letters.
Volume (Year): 2 (2013)
Issue (Month): 4 ()
Contact details of provider:
Postal: Avda del Cristo s/n, 33006 Oviedo
Phone: 985 10 37 45
Fax: 985 10 48 71
Web page: http://www.unioviedo.es/reunido/index.php/EBL/index
More information through EDIRC
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Francisco Delgado).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.