G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2662
DP2662 Regional Risksharing and Redistribution in the German Federation
Jurgen von Hagen; Ralf Hepp
发表日期2001-01-30
出版年2001
语种英语
摘要We model an international union as a group of countries deciding together the provision of certain public goods and policies because of spillovers. The countries are heterogeneous either in preferences and/or in economic fundamentals. The trade-off between the benefits of coordination and the loss of independent policymaking endogenously determines the size, the composition and the scope of unions. Our model implies that the equilibrium size of the union is inversely related to the degree of heterogeneity between countries and to the spectrum of common policies. Hence, there is a trade-off between enlargement and deepening of coordination: a union involved in too many collateral activities will be favoured by few countries, while a union which focuses on a core of activities will be favoured by many countries. The political equilibrium implies a bias toward excessive centralization and small size of the union, however. This bias can be corrected if there is a constitutional commitment of the union to centralize only certain policies.
主题Public Economics
关键词Political economy Federalism Subsidarity European union
URLhttps://cepr.org/publications/dp2662
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531723
推荐引用方式
GB/T 7714
Jurgen von Hagen,Ralf Hepp. DP2662 Regional Risksharing and Redistribution in the German Federation. 2001.
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