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  • 标题:Campaign contributions and local Public goods in a federation
  • 本地全文:下载
  • 作者:Raúl Alberto Ponce Rodríguez
  • 期刊名称:Estudios Económicos
  • 印刷版ISSN:0188-6916
  • 出版年度:2018
  • 卷号:33
  • 期号:2
  • 页码:283-311
  • 出版社:El Colegio de México
  • 摘要:I develop a voting model of decentralized provision of local public goods (LPGs) with campaign contributions. I compare an economy with and without campaign contributions: in the former economy, local governments do not provide Pareto efficient LPGs and do not maximize the welfare gains associated with matching LPGs with the inter-regional heterogeneity of preferences of voters. For the economy with campaign contributions, LPGs with and without spillovers are Pareto efficient, and the system of local governments maximizes the gains associated with matching LPGs with the inter-regional heterogeneity of preferences..
  • 关键词:Local public goods; efficiency; externalities; federalism; elections and campaign contributions.
  • 其他关键词:Bienes públicos locales; eficiencia; externalidades; federalismo; elecciones y contribuciones de campaña.
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