English, Article, Journal or magazine article edition: Capital-Intensive Projects Induce More Effort Than Labor-Intensive Projects Amihai Glazer; Stef Proost

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Bookmark: http://trove.nla.gov.au/version/33905
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Capital-Intensive Projects Induce More Effort Than Labor-Intensive Projects
Author
  • Amihai Glazer
  • Stef Proost
Physical Description
  • preprint
Notes
  • RePEc:ete:ceswps:ces0831
  • Central governments often subsidize capital spending by local governments, instead of subsidizing operating expenses or labor-intensive projects. This paper offers one explanation, focusing on the incentive effects for local officials--a local official can more easily shift the cost of optimizing a project to his successor on a labor-intensive project than on a capital-intensive project.
  • Federalism; Capital subsidies; Transit subsidies
  • RePEc:irv:wpaper:080913
Language
  • English
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