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1 décembre 2018
- handle: 10670/1.szgyvx
info:eu-repo/semantics/openAccess
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Political parties--Finance Election contributions Political assessments Assessments, Political Political campaigns--Finance Campaign contributions Campaign finance Elections--Finance Campaign expenditures Elections--Campaign fundsCiter ce document
Raúl Alberto Ponce Rodríguez, « Campaign contributions and local Public goods in a federation », Estudios Económicos (México, D.F.), ID : 10670/1.szgyvx
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Résumé
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.