Who Do You Blame in Local Finance? An Analysis of Municipal Financing in Italy

By M. Bordignon, V. Grembi, Santino Piazza. Social Science Research Network, 2010

169 citations recorded by the source corpus.

A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves, so allowing them to be more easily re-elected. An empirical analysis on Piedmont municipalities confirms these hypotheses.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/23899fa1eba32f39b60d8bedaf8f1d8e2479db1f