Enikolopov, Ruben; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2003
Does fiscal decentralization result in more efficient governance and higher economic growth? This Paper empirically … tests the hypothesis posed by theoretical literature that the effect of economic decentralization depends on features of the … political institutions. Using data from 95 countries for the last 25 years, we show that the effect of decentralization on …