of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by … and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …

component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … study adds to our knowledge on the transmission mechanisms of federalism and decentralization. -- federalism … ; decentralization ; fiscal federalism ; economic effects of constitutions ; constitutional economics …

decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of … control variables and method of estimation. -- terrorism ; decentralization ; federalism ; governance quality ; government …

This paper studies the impact of decentralization on the shadow economy. We argue that decentralization may decrease … the size of the shadow economy mainly through two transmission channels: (1) Decentralization enhancing public sector … efficiency (efficiency effect), and (2) decentralization reducing the distance between bureaucrats and economic agents, which …

This paper surveys recent research on decentralization and natural disasters. The first part discusses results from … centralized or decentralized. -- natural disasters ; decentralization ; risk-sharing ; redistributive transfers ; federalism …

explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …

This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data … that decentralization decreases regional inequalities in general. However, estimations using an interaction variable … approach imply that the effect depends on the level of economic development. While rich countries benefit from decentralization …

Previous empirical studies suggest that decentralization, measured by the number of government layers, is associated … present evidence that fiscal decentralization (de facto) does not reduce FDI. If local governments can set their tax rates and …

empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … estimate the effect of decentralization on public sector efficiency and how extreme natural disasters mediate this relationship …. The sample covers 36 OECD countries between 2006 and 2019. Our results show that tax revenue decentralization decreases …