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 language | English |
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Pages (from-to) | 325-333 |
Number of pages | 9 |
Journal | Economics Letters |
DOIs | |
Publication status | Published - 2004 |
Keywords
- Local property tax
- yardstick competition