Artikel
Fiscal Competition and the Composition of Public Expenditure: An Empirical Study
This paper investigates whether fiscal competition affects the structure of public spending, where theory predicts a shift from residential public goods to industrial public goods. We propose an empirical model that specifically accounts for the strategic nature and endogeneity of fiscal competition. Using data for 18 OECD countries and a time period with unprecedented tax competition (1980 to 2000), we find a significant impact of fiscal competition on the composition of public expenditure. This finding is in line with theoretical research, particularly that of Keen and Marchand (1997).
- Language
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Englisch
- Bibliographic citation
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Journal: Contemporary Economics ; ISSN: 2084-0845 ; Volume: 6 ; Year: 2012 ; Issue: 3 ; Pages: 38-54 ; Warsaw: Vizja Press & IT
- Classification
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Wirtschaft
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
- Subject
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fiscal competition
public expenditure
panel data econometrics
pensions
labor market
monetary union
- Event
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Geistige Schöpfung
- (who)
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Winner, Hannes
- Event
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Veröffentlichung
- (who)
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Vizja Press & IT
- (where)
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Warsaw
- (when)
-
2012
- DOI
-
doi:10.5709/ce.1897-9254.49
- Handle
- Last update
-
12.01.0003, 6:52 PM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Winner, Hannes
- Vizja Press & IT
Time of origin
- 2012
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