Resource title

Exit and voice: yardstick versus fiscal competition across governments

Resource image

image for OpenScout resource :: Exit and voice: yardstick versus fiscal competition across governments

Resource description

Politicians are disciplined through the electoral system. But this is often not enough to eliminate political rents. Economists suggest that competition across governments may also help. But intergovernmental competition can take two forms, through tax competition (exit) or yardstick competition (voice). We show these two forms may not, and in general do not, work in the same direction. Tax competition may reduce the screening properties of yardstick competition.

Resource author

Massimo Bordignon

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26114

Resource license

Adapt according to the presented license agreement and reference the original author.