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Pooling Sovereignty and Subsidiarity Principle

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Author Info
Michele Giuranno

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Abstract

This paper focuses on the choice of centralization of public policy in an economy with two government levels. It argues that centralization by subsidiarity principle stresses a conflicting interest between different jurisdictions instead of working it out. The extent of the conflict of interest is affected by spillovers and differences in public spending tastes. Spending decisions are made by negotiation in the centralized legislature of local representatives, unless they fail to reach an agreement. In the latter case, policy is provided non-cooperatively by local governments. Results show that pooling sovereignty by subsidiarity principle fails to fully internalize spillovers and may produce misallocation of public resources.

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File URL: http://www.york.ac.uk/depts/econ/documents/dp/0901.pdf
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Publisher Info
Paper provided by Department of Economics, University of York in its series Discussion Papers with number 09/01.

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Date of creation: Jan 2009
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Handle: RePEc:yor:yorken:09/01

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Postal: Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom
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Web page: http://www.york.ac.uk/depts/econ/
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Related research
Keywords: Public goods; Centralization; Bargaining;

Find related papers by JEL classification:
D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation
H0 - Public Economics - - General
H40 - Public Economics - - Publicly Provided Goods - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Rubinstein, Ariel, 1982. "Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 50(1), pages 97-109, January. [Downloadable!] (restricted)
  2. Michele Giuseppe Giuranno, 2005. "Income Inequality and the Size of the Public Sector," Economics Discussion Papers 603, University of Essex, Department of Economics. [Downloadable!]
  3. Giuranno, Michele, 2008. "Regional income disparity and the size of the Public Sector," P.O.L.I.S. department's Working Papers 114, Department of Public Policy and Public Choice - POLIS. [Downloadable!]
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This page was last updated on 2009-11-25.


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