Yardstick competition in intergovernmental relationships: theory and empirical predictions

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45 Citations (Scopus)

Abstract

We review yardstick competition theory as applied to fiscal choices in the intergovernmental context. We show that the theory is consistent with opposite results concerning neighbouring governments' fiscal behaviour, and discuss some empirical implications.
Original languageEnglish
Pages (from-to)325-333
Number of pages9
JournalEconomics Letters
DOIs
Publication statusPublished - 2004

Keywords

  • Local property tax
  • yardstick competition

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