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Multilevel Fiscal Governance in a Balanced Policy Environment

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  • Sharma, Chanchal Kumar

Abstract

The most desirable system of allocations should avoid effi ciency losses, resulting from either fi nancial dependency, or subnational fi scal operations by striking a balance between fi scal autonomy and reliance on federal transfers of SNGs.

Suggested Citation

  • Sharma, Chanchal Kumar, 2011. "Multilevel Fiscal Governance in a Balanced Policy Environment," MPRA Paper 30282, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:30282
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    File URL: https://mpra.ub.uni-muenchen.de/30282/1/MPRA_paper_30282.pdf
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    References listed on IDEAS

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    5. Robin Boadway & Jean-François Tremblay, 2006. "A Theory of Fiscal Imbalance," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 62(1), pages 1-27, March.
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    9. André Fourçans & Thierry Warin, 2001. "Tax Harmonization versus Tax Competition in Europe: A Game Theoretical Approach," Cahiers de recherche CREFE / CREFE Working Papers 132, CREFE, Université du Québec à Montréal.
    10. Weingast, Barry R & Shepsle, Kenneth A & Johnsen, Christopher, 1981. "The Political Economy of Benefits and Costs: A Neoclassical Approach to Distributive Politics," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 642-664, August.
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    Cited by:

    1. Sharma, Chanchal Kumar, 2010. "Beyond Gaps and Imbalances: Re-Structuring the Debate on Intergovernmental Fiscal Relations," MPRA Paper 32145, University Library of Munich, Germany.
    2. Sharma, Chanchal Kumar, 2007. "Rescuing the concept of vertical fiscal imbalance," MPRA Paper 39343, University Library of Munich, Germany, revised 2010.

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    More about this item

    Keywords

    fiscal federalism; intergovernmental relations; tax policy; fiscal governance.;
    All these keywords.

    JEL classification:

    • H0 - Public Economics - - General
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents

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