Recent theoretical research suggest that yardstick competition may be biased by the presence of fiscal disparities between local governments and that fiscal equalization may help in correcting this bias. This paper provides an empirical test of these theoretical predictions by means of a laboratory experiment.

Yardstick competition and fiscal disparities: an experimental study

Giuseppe Di Liddo;Andrea Morone
2017

Abstract

Recent theoretical research suggest that yardstick competition may be biased by the presence of fiscal disparities between local governments and that fiscal equalization may help in correcting this bias. This paper provides an empirical test of these theoretical predictions by means of a laboratory experiment.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11586/209794
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