transition countries have developed a variety of forms of fiscal decentralization as a possible strategy to achieve effective and … efficient governmental structures. A generalized principle of decentralization due to the country specific circumstances does … not exist. Therefore, decentralization has taken place in different forms in various countries at different times, and …

In the last two decades there has been a worldwide interest in decentralization of government in all parts of the world … effects of decentralization on macroeconomic stability. Even though there is a huge literature both theoretically and … empirically on the impact of decentralization, not many of them seems to be interested on the question of the link between …

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 …

In assessing the desirability for tax decentralization reforms, a dilemma between efficiency and redistribution emerges …, decentralization curbs incentives for excessive subnational spending and enhances fiscal discipline, but may also widen interregional … the optimal degree of fiscal decentralization. We find that tax decentralization can be optimal even under Rawlsian social …

panel data and apply causal machine learning methods to identify the effects of decentralization on the statutory tax …

The fiscal decentralization impulse now sweeping the world often leads to partial decentralization, where subnational … arrangement, the literature contains no economic analysis of a partial decentralization regime in a Tiebout-style model. This …

The Decentralization Theorem (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of … consumption spillovers in evaluating the merits of (de)centralization. Unlike the general prediction, a higher degree of … spillovers may reduce the difference in utility of centralization and decentralization. The non-monotonicity result relates to …