Conditional grants to independent regional governments: The trade-off between incentives and wasteful grantseeking

The paper addresses the welfare implications of conditional grants in the presence of inefficiencies in regional production. While conditional grants may set incentives for regions to reduce inefficiencies, resources are wasted in the process of grant-seeking. We provide a theoretical model to asses...

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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 30-2010)
Main Authors:	Bischoff, Ivo, Blaeschke, Frédéric
Format:	Work
Language:	English
Published:	2010
Subjects:	fiscal federalism rent-seeking opportunistic government inefficiencies Wirtschaft conditional grants Economics
Online Access:	PDF Full Text
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