6533b821fe1ef96bd127be8b

RESEARCH PRODUCT

Local vs. National Environmental Spending: A Stochastic Frontier Analysis

S. AuciAnnalisa CastelliD. Vignani

subject

environmental spendingstochastic frontier approachfiscal federalism; environmental spending; stochastic frontier approach; technical efficiency; levels of governmentfiscal federalism

description

This work studies the impact of public environmental spending in a fiscal federalist framework. The main question is studying when the centralization of this public economic function is welfare improving. Applying the Stochastic Frontier Approach (SFA) on Italian, Portuguese and Slovakian data, the paper tries to test this issue. Our results highlight the superiority of centralized environmental spending with respect to the decentralization of this particular public good.

http://hdl.handle.net/10447/78237