Professor Ben Lockwood
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Phone: +44 (0)24 7652 3277 Fax: +44 (0)24 7652 3032
Research Interests
Recent Research PapersFiscal federalism
"Bailouts in Federations: is a Hard Budget Constraint Always Best?" (with Martin Besfamille), forthcoming, International Economic Review "Voting, Lobbying, and the Decentralization Theorem" (revised, forthcoming, Economics and Politics) "Why Focus on Spending Needs Factors? The Political Economy of Fiscal Transfer Reforms in Mexico," (with Mercedes Garcia-Escribano, Giorgio Brosio, and Ehtisham Ahmad) IMF Working Papers 07/252, International Monetary Fund "Decentralization and the Productive Efficiency of Government: Evidence from Swiss Cantons", Journal of Public Economics 91, 1197-1218, 2007 "Fiscal Decentralization: A Political Economy Perspective", in The Handbook of Fiscal Federalism (ed. E.Ahmad and G.Brosio), Edward Elgar, 2006 (this chapter is based on a longer Warwick Working Paper which is available here) "Distributive Politics and the Benefits of Decentralization", Review of Economic Studies, 69, 313-37, April 2002 " Fiscal Decentralization and the Political Budget Cycle" Empirical and theoretical aspects of tax competition"Did the Single Market Cause Competition in Excise Taxes? Evidence from EU Countries" (with Giuseppe Migali) , revised August 2008, forthcoming in the Economic Journal "Does Tax Competition Really Promote Growth?" (with Marko Koethenberger), forthcoming, Journal of Economic Dynamics and Control "Do Countries Compete over Corporate Taxes?" (revised 2007, forthcoming in Journal of Public Economics) "Horizontal vs. Vertical Tax Competition: Theory and Some Evidence for the USA" (with Michael P. Devereux and Michela Redoano), Journal of Public Economics 91, 451-479, April 2007 "Tax Incidence, Majority Voting and Capital Market Integration", (with Miltados Makris), Journal of Public Economics 90, 1007-1025, 2006 "Competition in Unit vs. Ad Valorem Taxes", International Tax and Public Finance 11, 763-772
The Value-Added Tax
"The Causes and Consequences of the VAT Revolution: An Empirical Investigation" (with Michael Keen) , forthcoming, Journal of Development Economics "Is the VAT a Money Machine?" (with Michael Keen), The National Tax Journal 59, 905-28, December 2006 “Financial Consequences of the Chinese VAT Reform” (with E.Ahmad and R.Singh), International VAT Monitor, 16, 181-187, 2005 (this is based on a longer IMF Working Paper which is available here)
Political Economy and Voting
"Costly Voting when both Information and Preferences Differ: Is Turnout Too High or Too Low?", (with Sayantan Ghosal) revised August 2008, forthcoming in Social Choice and Welfare (this is a much revised and extended version of University of Warwick Working Paper 670, "Information Aggregation, Costly Voting and Common Values", January 2003) "Do Elections Always Motivate Incumbents? Learning vs. Re-Election Concerns", (with Eric LeBorgne), Public Choice 129, 41-60, October 2006 "When are Plurality Rule Voting Games Dominance-Solvable?" (with Amrita Dhillon), Games and Economic Behaviour, 46, 55-75, January 2004 "Multiple Equilibria in the Citizen-Candidate Model of Representative Democracy", Journal of Public Economic Theory 4, 171-84, 2002 (with Amrita Dhillon)
Other Research
"Too Much Investment? A Problem of Endogenous Outside Options", (with David de Meza), Games and Economic Behaviour, forthcoming 2010 (not for publication Appendix for this paper) "General Investments and Outside Options: Some Recent Results Reconsidered", (with David de Meza) "Gradualism and Irreversibility" (with Jonathan Thomas), Review of Economic Studies, 69, 339-356, April 2002 Teaching
Departmental Responsibilities
Other Activities
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