Fiscal federalism theory has begun to endogenize the insights of modern organizational economics, especially those of agency and transaction-cost approaches. We follow the lead by endogenizing knowledge-based theories too. We show how the theoretical forerunners of local public finance recognized, if in different degrees, the knowledge perspective. We stress that the distribution of dispersed knowledge is the unknown rather than the given variable. Whence our central conclusion: knowledge coordination is generally more important than incentive or transaction-cost coordination. This conclusion yields new implications about the vertical organization of the public sector – hence about welfare. Our concrete illustration is supranational federalism.

Coordination, knowledge, and supranational federalism: an organizational perspective / Garzarelli, Giampaolo; Yasmina Reem, Limam. - STAMPA. - (2002), pp. 209-246. ((Intervento presentato al convegno XIV Conferenza SIEP tenutosi a Pavia nel 4-5 ottobre, 2012.

Coordination, knowledge, and supranational federalism: an organizational perspective

GARZARELLI, Giampaolo;
2002

Abstract

Fiscal federalism theory has begun to endogenize the insights of modern organizational economics, especially those of agency and transaction-cost approaches. We follow the lead by endogenizing knowledge-based theories too. We show how the theoretical forerunners of local public finance recognized, if in different degrees, the knowledge perspective. We stress that the distribution of dispersed knowledge is the unknown rather than the given variable. Whence our central conclusion: knowledge coordination is generally more important than incentive or transaction-cost coordination. This conclusion yields new implications about the vertical organization of the public sector – hence about welfare. Our concrete illustration is supranational federalism.
XIV Conferenza SIEP
Federalism; knowledge; vertical integration
04 Pubblicazione in atti di convegno::04b Atto di convegno in volume
Coordination, knowledge, and supranational federalism: an organizational perspective / Garzarelli, Giampaolo; Yasmina Reem, Limam. - STAMPA. - (2002), pp. 209-246. ((Intervento presentato al convegno XIV Conferenza SIEP tenutosi a Pavia nel 4-5 ottobre, 2012.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/497819
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