Campaign contributions and local Public goods in a federation
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| Format: | Artículo científico |
| Langue: | en |
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El Colegio de México, A.C.
2018
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| _version_ | 1876455026128322560 |
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| author | Raúl Alberto Ponce Rodríguez |
| author_facet | Raúl Alberto Ponce Rodríguez |
| contents | Campaign contributions and local Public goods in a federation Raúl Alberto Ponce Rodríguez Economía y Finanzas efficiency federalism externalities Local public goods elections and campaign contributions 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. 2018 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59760150004 https://www.redalyc.org/journal/597/59760150004/ https://www.redalyc.org/journal/597/59760150004/html/ https://www.redalyc.org/journal/597/59760150004/59760150004.epub https://www.redalyc.org/journal/597/59760150004/movil en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.2 Vol.33 |
| format | Artículo científico |
| id | redalyc_59760150004 |
| institution | Redalyc |
| language | en |
| publishDate | 2018 |
| publisher | El Colegio de México, A.C. |
| spellingShingle | Campaign contributions and local Public goods in a federation Raúl Alberto Ponce Rodríguez Economía y Finanzas efficiency federalism externalities Local public goods elections and campaign contributions Campaign contributions and local Public goods in a federation Raúl Alberto Ponce Rodríguez Economía y Finanzas efficiency federalism externalities Local public goods elections and campaign contributions 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. 2018 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59760150004 https://www.redalyc.org/journal/597/59760150004/ https://www.redalyc.org/journal/597/59760150004/html/ https://www.redalyc.org/journal/597/59760150004/59760150004.epub https://www.redalyc.org/journal/597/59760150004/movil en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.2 Vol.33 |
| title | Campaign contributions and local Public goods in a federation |
| topic | Economía y Finanzas efficiency federalism externalities Local public goods elections and campaign contributions |
| url | https://www.redalyc.org/articulo.oa?id=59760150004 https://www.redalyc.org/journal/597/59760150004/ https://www.redalyc.org/journal/597/59760150004/html/ https://www.redalyc.org/journal/597/59760150004/59760150004.epub https://www.redalyc.org/journal/597/59760150004/movil |