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Decentralization and spillovers: A new role for transportation infrastructure
Economics of Transportation ( IF 2.829 ) Pub Date : 2017-09-29 , DOI: 10.1016/j.ecotra.2017.09.002
Christophe Feder

Inter-regional spillovers of local public goods are the main cause of decentralization failure. Assuming that the quality of transportation infrastructure policy affects the strength of inter-regional spillovers, we compare a one-step scheduling design, in which all policies are chosen simultaneously, with a two-step scheduling design, in which transportation infrastructure policy is used to influence local public goods policies. We show that decentralization failure could be partially solved with scheduling design. When regional governments correctly schedule their policies, citizens benefit from the same level of public goods but with lower taxes. Moreover, the two-step scheduling design results in a lower quality of transportation infrastructure and a higher intensity of local public goods. However, the overproduction of local public goods with positive externalities cannot be excluded.



中文翻译:

分权和溢出效应:交通基础设施的新角色

地方公共产品的区域间溢出是权力下放失败的主要原因。假设运输基础设施政策的质量影响区域间溢出的强度,我们比较了同时选择所有策略的单步调度设计和使用运输基础设施策略的两步调度设计,影响当地的公共产品政策。我们表明,通过调度设计可以部分解决分散式故障。当地方政府正确地制定政策计划时,公民将从同等水平的公共产品中受益,但税率较低。此外,两步调度设计会导致运输基础设施的质量较低,本地公共物品的强度较高。然而,

更新日期:2017-09-29
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