The 'Flypaper Effect' in Presence of Spatial Interdependence : Evidence from Argentinean Municipalities
The "flypaper effect", when an unconditional lump-sum grant to a local government increases spending in a greater proportion than an equivalent raise in local income, has been extensively documented in the literature. This paper shows new estimates in the presence of spatial dependence, wh...
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| Format: | Journal Article |
| Language: | EN |
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2012
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| Online Access: | http://hdl.handle.net/10986/5513 |