Are local agreements on equalization grants possible? A bargaining model with quasi-linear local preferences on local public goods
Giuseppe Di Liddo
Economics Letters, 2017, vol. 153, issue C, 9-11
Abstract:
The art. 13 of the Italian law n. 42/2009 theoretically allows for local negotiations between municipalities on the allocation of equalization funds. However, in the subsequent practice and legislation, such form of local negotiation has never been adopted.
Keywords: Intergovernmental transfers; Voluntary fiscal equalization; Nash bargaining (search for similar items in EconPapers)
JEL-codes: H0 H7 H73 H77 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:153:y:2017:i:c:p:9-11
DOI: 10.1016/j.econlet.2017.01.013
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