Showing 1 - 10 of 32
and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests …, there is no robust link, neither positive, nor negative, between output growth and fiscal federalism (measured as sub …
Persistent link: https://www.econbiz.de/10009786223
facto JI focusing on countries actually experience. Whether JI affects economic growth is tested for a cross section of 57 … countries. While de iure JI does not have an impact on real GDP growth per capita growth, de facto JI positively influences it. …
Persistent link: https://www.econbiz.de/10011507670
the aim of achieving regional convergence, they should have a positive effect on economic growth. However, it is equally … possible that transfers perpetuate under-development by diminishing regional incentives to implement growth-enhancing policies …. In this paper, we study empirically the effect of intergovernmental transfers on economic growth using the German …
Persistent link: https://www.econbiz.de/10011522145
strongly con-firms previous results that de jure JI is not systematically related to economic growth, but de facto JI is highly … significantly and robustly correlated with growth. In addition, we show that the effect of de facto JI depends on the institutional …
Persistent link: https://www.econbiz.de/10010417470
decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision … of public services. However, decentralization may also increase growth by raising the ability of the political system to … empirical literature on decentralization and economic growth. Based on our survey, we identify open questions and discuss …
Persistent link: https://www.econbiz.de/10010412862
JI has a robust and highly significant impact on economic growth. Individual components of both de jure and de facto JI … on economic growth are estimated for their impact on economic growth. Additionally, the effects of other institutional …
Persistent link: https://www.econbiz.de/10011450509
The link between federalism and economic performance is still ambiguous. Aiming at clarification, we improve on a widespread shortcoming by measuring federalism not just by one variable but by various institutions that constitute it. To this end, Switzerland provides for a laboratory as its 26...
Persistent link: https://www.econbiz.de/10011903827
Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those … aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and … economic growth in the Least Developed Countries (LDCs) using panel data for the period 2000-2021. Results show that, in …
Persistent link: https://www.econbiz.de/10014427512
rating, debt rating and revenue rating) on economic growth in the 46 Least Developed Countries (LDCs) in the world, during … the period 1990-2022. We also investigate the role of key fiscal variables on economic growth (government debt … economic growth. We also find that the influence of government debt and tax revenue can contribute to influence economic growth …
Persistent link: https://www.econbiz.de/10014578575
Persistent link: https://www.econbiz.de/10003641707