Dr Francesco Porcelli
Lecturer in Economics
Streatham Court, University of Exeter, Rennes Drive, Exeter, EX4 4PU, UK
Dr Francesco Porcelli is a Lecturer in Economics at the University of Exeter. He has a BA in Economics from University of Bari and a MSc in Economics from University of Warwick. Dr Porcelli obtained his PhD in Economics from University of Warwick in December 2012 under the supervision of Ben Lockwood and Wiji Arulampalam.
He wrote his dissertation on the analysis Local Governments' efficiency and in particular he studied the role played by incentive schemes and the level fiscal decentralisation. Moreover he studied also the relationship between efficiency and housing market prices. Public economics, Public finance and Applied econometrics remain his major research interests.
- PhD in Economics
- Public Economics
- Fiscal Federalism
- Applied Econometrics and Efficiency Analysis
Dr Porcelli‘s research focuses predominantly on studying what drives local governments decisions, in particular he is interested in the role played by the introduction of incentive schemes and the level of fiscal decentralisation. He is also interested in studying intergovernmental fiscal relations and how the political variables may distort the flow of grants, the local tax burden, and the efficiency in the provision of local services. His research methods are based predominantly on the use of econometric models and quasi-experimental techniques, such as difference-in-difference and regression discontinuity.
Current research activity
Dr Porcelli is currently involved in many research projects.
In a series of paper with Emanuele Bracco (University of Lancaster), Ben Lockwood (University of Warwick) and Michela Redoano (University of Warwick) he is addressing, both from the theoretical and the empirical point of view, different issues in the field of fiscal federalism and political economy, studying how political variables influence the flow of intergovernmental grants, the composition of the local tax burden, and the composition of local expenditure.
In a joint work with Riccardo Trezzi and Frederico Lima (University of Cambridge) he is studying the level of the transfer multiplier and the presence of fiscal spillovers using a new dataset from Italian municipalities, where financial aids received after an earthquake is used as a source of exogenous variation in intergovernmental grants.
Finally, in a joint work with, Mauro Marè (University of Tuscia, Italy) he is studying the impact of family ties on the level of shadow economy.)
Publications by category
Dr Porcelli‘s main teaching interests are in the areas where he focuses his research - public economics and fiscal federalism. The key issues in public economics are market failures, distortionary effect of taxes and international taxation focusing mainly on the problems of capital taxation and VAT in the European Union . The key issues in fiscal federalism are the structure of intergovernmental relations, the design of intergovernmental equalisation grants and the evaluation of expenditure needs and fiscal capacity.
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