000			01301pab a2200181 454500
008			180718b2003 xxu||||| |||| 00| 0 eng d
100			_aRevelli, Federico
245			_aReaction or interaction? Spatial process identification in multi-tiered government structures
260			_c2003
300			_ap.29-53.
362			_aJan
520			_aThis paper models horizontal and vertical fiscal externalities in a multi-tiered structure of government, and implements maximum likelihood and instrumental variables estimation techniques to identify the source of spatial dependence in English local government expenditures. The results shows that when vertical fiscal externalities among upper-tier (County) authority and lower-tier (District) authority expenditures are explicitly taken into account, the estimated magnitude of inter-district fiscal interactions is substantially reduced. The observed positive spatial autocorrelation among District expenditures can consequently be attributed to a large extent to common reaction to County fiscal policies, rather than to actual strategic interaction. - Reproduced.
650			_aPublic expenditure - Great Britain
650			_aLocal government - Great Britain
650			_aLocal government
773			_aJournal of Urban Economics
909			_a56006
999			_c56006 _d56006