Sub-national fiscal policy under cooperative and non-cooperative models

This article presents a comparative analysis of the optimal fiscal response to shocks in the sub-national public sector in cooperative and non-cooperative models. The analysis is undertaken by comparing models that assume idiosyncratic demandside shocks and sub-national autonomy to collect taxes, wi...

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Autores:
Melo-Becerra, Ligia Alba
Tipo de recurso:
Article of journal
Fecha de publicación:
2016
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/62599
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/62599
http://bdigital.unal.edu.co/61758/
Palabra clave:
33 Economía / Economics
Fiscal decentralization
non-cooperative models
cooperative models
sub-national governments
Rights
openAccess
License
Atribución-NoComercial 4.0 Internacional
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spelling Atribución-NoComercial 4.0 InternacionalDerechos reservados - Universidad Nacional de Colombiahttp://creativecommons.org/licenses/by-nc/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Melo-Becerra, Ligia Alba640aa8d8-3a22-4b14-899d-ae7fb9d72c153002019-07-02T21:05:34Z2019-07-02T21:05:34Z2016-01-01ISSN: 2248-4337https://repositorio.unal.edu.co/handle/unal/62599http://bdigital.unal.edu.co/61758/This article presents a comparative analysis of the optimal fiscal response to shocks in the sub-national public sector in cooperative and non-cooperative models. The analysis is undertaken by comparing models that assume idiosyncratic demandside shocks and sub-national autonomy to collect taxes, with models that assume that the central government collects the taxes of the whole country and redistributesthem across regions. Results show that under symmetrical conditions, the non-cooperative solution may result in greater stabilization and lower sub-national public expenditure than the cooperative solution. However, if regional asymmetries are introduced into the model, results may be reversed.application/pdfspaUniversidad Nacional de Colombia - Sede Bogotá - Facultad de Ciencias Económicas - Escuela de Economíahttps://revistas.unal.edu.co/index.php/ceconomia/article/view/52743Universidad Nacional de Colombia Revistas electrónicas UN Cuadernos de EconomíaCuadernos de EconomíaMelo-Becerra, Ligia Alba (2016) Sub-national fiscal policy under cooperative and non-cooperative models. Cuadernos de Economía, 35 (67). pp. 253-279. ISSN 2248-433733 Economía / EconomicsFiscal decentralizationnon-cooperative modelscooperative modelssub-national governmentsSub-national fiscal policy under cooperative and non-cooperative modelsArtículo de revistainfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttp://purl.org/redcol/resource_type/ARTORIGINAL52743-258937-2-PB.pdfapplication/pdf812935https://repositorio.unal.edu.co/bitstream/unal/62599/1/52743-258937-2-PB.pdf0ffc05a8746dfefc9506826c54bd2e4cMD51THUMBNAIL52743-258937-2-PB.pdf.jpg52743-258937-2-PB.pdf.jpgGenerated Thumbnailimage/jpeg4574https://repositorio.unal.edu.co/bitstream/unal/62599/2/52743-258937-2-PB.pdf.jpg898c3653ce52f0c1a119b808a95f8f29MD52unal/62599oai:repositorio.unal.edu.co:unal/625992024-04-25 00:05:18.512Repositorio Institucional Universidad Nacional de Colombiarepositorio_nal@unal.edu.co
dc.title.spa.fl_str_mv Sub-national fiscal policy under cooperative and non-cooperative models
title Sub-national fiscal policy under cooperative and non-cooperative models
spellingShingle Sub-national fiscal policy under cooperative and non-cooperative models
33 Economía / Economics
Fiscal decentralization
non-cooperative models
cooperative models
sub-national governments
title_short Sub-national fiscal policy under cooperative and non-cooperative models
title_full Sub-national fiscal policy under cooperative and non-cooperative models
title_fullStr Sub-national fiscal policy under cooperative and non-cooperative models
title_full_unstemmed Sub-national fiscal policy under cooperative and non-cooperative models
title_sort Sub-national fiscal policy under cooperative and non-cooperative models
dc.creator.fl_str_mv Melo-Becerra, Ligia Alba
dc.contributor.author.spa.fl_str_mv Melo-Becerra, Ligia Alba
dc.subject.ddc.spa.fl_str_mv 33 Economía / Economics
topic 33 Economía / Economics
Fiscal decentralization
non-cooperative models
cooperative models
sub-national governments
dc.subject.proposal.spa.fl_str_mv Fiscal decentralization
non-cooperative models
cooperative models
sub-national governments
description This article presents a comparative analysis of the optimal fiscal response to shocks in the sub-national public sector in cooperative and non-cooperative models. The analysis is undertaken by comparing models that assume idiosyncratic demandside shocks and sub-national autonomy to collect taxes, with models that assume that the central government collects the taxes of the whole country and redistributesthem across regions. Results show that under symmetrical conditions, the non-cooperative solution may result in greater stabilization and lower sub-national public expenditure than the cooperative solution. However, if regional asymmetries are introduced into the model, results may be reversed.
publishDate 2016
dc.date.issued.spa.fl_str_mv 2016-01-01
dc.date.accessioned.spa.fl_str_mv 2019-07-02T21:05:34Z
dc.date.available.spa.fl_str_mv 2019-07-02T21:05:34Z
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dc.language.iso.spa.fl_str_mv spa
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dc.relation.ispartof.spa.fl_str_mv Universidad Nacional de Colombia Revistas electrónicas UN Cuadernos de Economía
Cuadernos de Economía
dc.relation.references.spa.fl_str_mv Melo-Becerra, Ligia Alba (2016) Sub-national fiscal policy under cooperative and non-cooperative models. Cuadernos de Economía, 35 (67). pp. 253-279. ISSN 2248-4337
dc.rights.spa.fl_str_mv Derechos reservados - Universidad Nacional de Colombia
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dc.rights.license.spa.fl_str_mv Atribución-NoComercial 4.0 Internacional
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rights_invalid_str_mv Atribución-NoComercial 4.0 Internacional
Derechos reservados - Universidad Nacional de Colombia
http://creativecommons.org/licenses/by-nc/4.0/
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
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dc.publisher.spa.fl_str_mv Universidad Nacional de Colombia - Sede Bogotá - Facultad de Ciencias Económicas - Escuela de Economía
institution Universidad Nacional de Colombia
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