Park, Jinsol - In: Public finance review : PFR 50 (2022) 1, pp. 62-90
of government expenditure. That is, regardless of whether decentralization enables governments to more readily reflect … levels, change in the composition of government expenditure may ensue. This study indirectly tests the impact of … decentralization with respect to allocative efficiency by examining the relationship between fiscal decentralization and expenditure …