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Are local agreements on equalization grants possible? A bargaining model with quasi-linear local preferences on local public goods

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The art. 13 of the Italian law n. 42/2009 theoretically allows for local negotiations between municipalities on the allocation of equalization funds. However, in the subsequent practice and legislation, such… Click to show full abstract

The art. 13 of the Italian law n. 42/2009 theoretically allows for local negotiations between municipalities on the allocation of equalization funds. However, in the subsequent practice and legislation, such form of local negotiation has never been adopted.

Keywords: local agreements; equalization grants; agreements equalization; equalization; possible bargaining; grants possible

Journal Title: Economics Letters
Year Published: 2017

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