Politics and Flemish local tax rates: a simultaneous spatial panel data study (1992-2006)

An impressive amount of studies points to the impact of political and institutional characteristics on a community’s fiscal policy. Most of the time, these characteristics are studied in isolation : possible interactions with other political determinants are ignored. Yet, fiscal policy decisions are subject to political and institutional forces contemporaneously. In this paper, we join different models, while explaining simultaneously the variation in the Flemish local income tax rate and the local property tax rate using an extended dataset covering 3 local elections. When confronting the res... Mehr ...