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Title: Portfolio allocation under decentralization
Author: Falcó Gimeno, Albert
Keywords: Gestió de cartera
Descentralització administrativa
Portfolio management
Decentralization in government
Practical politics
Issue Date: 12-Jul-2014
Publisher: Oxford University Press
Abstract: Decentralization shapes the way policy authority is shared between the national and regional levels and that, I argue, will have consequences for government formation. In particular, I contend that the allocation of portfolios in regional coalition governments will be affected by the degree of decentralization of each policy. To analyze this relationship I exploit the cross-time, cross-regional, and cross-policy variation of the process of competence devolution to the Spanish Autonomous Communities between 1980 and 2010. I find that, as expected, an increase in the competences managed by the region in a given policy jurisdiction makes the related portfolio more attractive to all coalition parties, although the effect seems to be particularly significant in economically strong and fast-track regions.
Note: Versió postprint del document publicat a:
It is part of: Publius: The Journal of Federalism, 2014, vol. 44, num. 1, p. 205-225
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ISSN: 0048-5950
Appears in Collections:Articles publicats en revistes (Ciència Política, Dret Constitucional i Filosofia del Dret)

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