Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22345
Full metadata record
DC FieldValueLanguage
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. Themain impetus of the analyses has been on the supply of local public goods, often under taxcompetition. The present paper extends recent contributions to study how inter-regionallymobile capital supplied by the first-period consumption-savings decision of the private sectoris taxed in a closed federation to fund well informed local governments that differ in theircosts of providing public inputs. The modified Samuelson-conditions for the optimal supplyof local public inputs are derived and analyzed for different informational environments andinstrumental abilities of the federal government. There exists a tendency to oversupply thepublic input in the low cost region which is also present in a numerical simulation wheredifferent informational environments are compared to the first-best and tax competition.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseries|aWürzburg economic papers |x52en_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-

Files in This Item:
File
Size
273.21 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.