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Portfolio allocation under decentralization
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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.
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FALCÓ GIMENO, Albert. Portfolio allocation under decentralization. _Publius: The Journal of Federalism_. 2014. Vol. 44, núm. 1, pàgs. 205-225. [consulta: 24 de gener de 2026]. ISSN: 0048-5950. [Disponible a: https://hdl.handle.net/2445/165086]