A theoretical model of nations, regions and fiscal integration

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dc.contributor.author Ortuño, Ignacio
dc.contributor.author Sempere, J.
dc.date.accessioned 2014-05-30T11:09:55Z
dc.date.available 2014-05-30T11:09:55Z
dc.date.issued 2006
dc.identifier.bibliographicCitation Regional Science and Urban Economics, 2006, v. 36, n. 1, pp. 132-157
dc.identifier.issn 0166-0462
dc.identifier.uri http://hdl.handle.net/10016/5506
dc.description.abstract This paper analyzes how the incentives of regions differ from those of nations when choosing a supranational fiscal arrangement. Two types of fiscal arrangements are studied: a Union of nations and a Federation of nations. Under the Union, there is full fiscal integration, and under the Federation, there is only partial fiscal integration and partial insurance against local risks. We show that the claim that regions have stronger incentives than nations to form a supranational Union rather than a Federation might be true only in the case where regions have strong incentives to be part of a centralized nation.
dc.description.sponsorship Ortuno-Ortin gratefully acknowledges financial support from Spanish Ministry of Science and Technology, Project SEJ2004-00968, Fundacion BBVA-3-04x and CAM 06/HSE/0157/2004
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher Elsevier
dc.rights © Elsevier
dc.subject.other Federalism
dc.subject.other Fiscal coinsurance
dc.subject.other Migration
dc.title A theoretical model of nations, regions and fiscal integration
dc.type article
dc.type.review PeerReviewed
dc.description.status Publicado
dc.relation.publisherversion http://dx.doi.org/10.1016/j.regsciurbeco.2005.07.001
dc.subject.jel H11
dc.subject.jel H77
dc.subject.jel H87
dc.subject.eciencia Economía
dc.identifier.doi 10.1016/j.regsciurbeco.2005.07.001
dc.rights.accessRights openAccess
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 132
dc.identifier.publicationissue 1
dc.identifier.publicationlastpage 157
dc.identifier.publicationtitle Regional Science and Urban Economics
dc.identifier.publicationvolume 36
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