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dc.contributor.authorKrause, Günteren_US
dc.date.accessioned2009-01-29T14:57:22Z-
dc.date.available2009-01-29T14:57:22Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/22345-
dc.description.abstractIn recent years informational problems have been introduced into local public finance. The main impetus of the analyses has been on the supply of local public goods, often under tax competition. The present paper extends recent contributions to study how inter-regionally mobile capital supplied by the first-period consumption-savings decision of the private sector is taxed in a closed federation to fund well informed local governments that differ in their costs of providing public inputs. The modified Samuelson-conditions for the optimal supply of local public inputs are derived and analyzed for different informational environments and instrumental abilities of the federal government. There exists a tendency to oversupply the public input in the low cost region which is also present in a numerical simulation where different informational environments are compared to the first-best and tax competition.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesWürzburg economic papers 52en_US
dc.subject.jelH54en_US
dc.subject.jelH70en_US
dc.subject.jelH21en_US
dc.subject.ddc330en_US
dc.subject.keywordPublic Inputsen_US
dc.subject.keywordAsymmetric Informationen_US
dc.subject.keywordFederationen_US
dc.subject.stwLokales öffentliches Guten_US
dc.subject.stwSteuerwettbewerben_US
dc.subject.stwInterregionale Kapitalmobilitäten_US
dc.subject.stwFinanzföderalismusen_US
dc.subject.stwAsymmetrische Informationen_US
dc.subject.stwTheorieen_US
dc.titleThe provision of public inputs in a federation under asymmetric informationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn393802442en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:wuewep:52-
Appears in Collections:W.E.P. - Würzburg Economic Papers, Lst. f. VWL, Geld u. internat. Wirtschaftsbeziehungen, Universität Würzburg

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