On government centralization and fiscal referendums |
| |
Authors: | Lars P Feld Christoph A Schaltegger |
| |
Institution: | a Alfred-Weber-Institut, University of Heidelberg, Grabengasse 14, D-69117 Heidelberg, Germany b Swiss Federal Department of Finance, Switzerland |
| |
Abstract: | Several authors have argued that a centralization of fiscal powers in a federation is less likely to occur if citizens have to approve a change in the assignments of responsibilities by a popular referendum. This outcome may be due to the fact that logrolling is more difficult under direct than under representative democracy. It may also be caused by citizens’ fear that a centralization of fiscal authority facilitates the extraction of rents by the government or the legislature. In this paper, we test the hypothesis that centralization is less likely under referendum decision-making in the unique institutional setting of Switzerland. Using a panel of Swiss cantons from 1980 to 1998, the empirical analysis provides evidence that referendums induce less centralization of fiscal activities. |
| |
Keywords: | H1 H7 D72 |
本文献已被 ScienceDirect 等数据库收录! |
|