Fiscal federalism and the composition of public investment in Europe

Arrelano, 1991, Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations, Review of Economics Studies, 58, 277, 10.2307/2297968 Bond, 2002, Dynamic panel data models: a guide to micro data methods and practice, 10.1920/wp.cem.2002.0902 Dahlby, 1996, Fiscal externalities and the design of intergovernmental grants, International Tax and Public Finance, 3, 397, 10.1007/BF00418952 Dahlby, 2003, Vertical fiscal externalities in a federation, Journal of Public Economics, 87, 917, 10.1016/S0047-2727(01)00137-2 De Haan, 1997, Political and economic determinants of OECD budget deficits and government expenditures: a reinvestigation, European Journal of Political Economy, 13, 739, 10.1016/S0176-2680(97)00033-5 Falch, 1997, Political economic determinants of school spending in federal states: theory and time-series evidence, European Journal of Political Economy, 13, 299, 10.1016/S0176-2680(97)00006-2 Hulten, 1997, A fiscal federalism approach to infrastructure policy, Regional Science and Urban Economics, 27, 139, 10.1016/S0166-0462(96)02150-3 Im, K.S., Pesaran, M.H., Shin, Y., 1997. Testing for unit roots in heterogeneous panels. Unpublished paper, Department of Applied Economics, University of Cambridge. Keen, 1997, Fiscal competition and the pattern of public spending, Journal of Public Economics, 66, 33, 10.1016/S0047-2727(97)00035-2 Levin, 2002, Unit root tests in panel data: asymptotic and finite-sample properties, Journal of Econometrics, 108, 1, 10.1016/S0304-4076(01)00098-7 Martínez-López, 2005, Fiscal federalism and public inputs provision – vertical externalities matter Matsumoto, 1998, A note on tax competition and public input provision, Regional Science and Urban Economics, 28, 456, 10.1016/S0166-0462(98)00003-9 Mehrotra, 2006, Public investment in Europe: evolution and determinants in perspective, Fiscal Studies, 27, 443, 10.1111/j.1475-5890.2006.00042.x Musgrave, 1959 Oates, 1972 OECD, 1999, Taxing powers of state and local government, 10.1787/9789264174030-en Rattsø, J., 2003. Fiscal federation or confederation in the European Union: the challenge of the common pool problem. Unpublished paper, Department of Economics, Norwegian University of Science and Technology. Rodden, 2003, Reviving Leviathan: Fiscal federalism and the growth of government, International Organization, 57, 695, 10.1017/S0020818303574021 Roodman, 2007, A short note on the theme of too many instruments Sinn, 2003 Stegarescu, 2005, Public sector decentralization: measurement concepts and recent international trends, Fiscal Studies, 26, 301, 10.1111/j.1475-5890.2005.00014.x Tiebout, 1956, A pure theory of local public expenditures, Journal of Political Economy, 64, 416, 10.1086/257839 Turrini, 2004, Public investment and the EU fiscal framework Zodrow, 1986, Pigou, Tiebout, property taxation, and the underprovision of local public goods, Journal of Urban Economics, 19, 356, 10.1016/0094-1190(86)90048-3