Showing 1 - 10 of 337
The objective of this study was to establish the relationship between certain institutional variables and the effectiveness of fiscal decentralisation in Latin America. To fulfil this objective, we took a sample of 15 Latin American countries for the years 1996 to 2020 to estimate the logarithm...
Persistent link: https://www.econbiz.de/10015070864
. However, several studies have neglected the role of institutions and other institutional settings in fiscal decentralization …. This study augments the literature by revisiting the fiscal decentralization-growth nexus regarding institutional quality …
Persistent link: https://www.econbiz.de/10013164601
We develop a model with optimal shares of intergovernmental transfers, and we apply a simulation analysis of our model for the case of Mexico. The main outcomes of this paper are as follows: First, we provide optimal shares of intergovernmental funds to be allocated in each state considering the...
Persistent link: https://www.econbiz.de/10012485109
consistently significant liberalization policies across the baseline estimations and various sensitivity tests. The paper is …
Persistent link: https://www.econbiz.de/10011753998
This paper analyzes the impact of fiscal decentralization on accountability, economic freedom, and political and civil … liberties in the Americas. The findings indicate that decentralization initially hampers but eventually enhances accountability … a more inclusive, participatory government. The impact of fiscal decentralization on economic freedom, however, runs …
Persistent link: https://www.econbiz.de/10011849692
behind the varying perceptions about Europe. Two dimensions of decentralization-political and fiscal-are considered in the …
Persistent link: https://www.econbiz.de/10012238467
This paper aims to examine whether the status of fiscal decentralization generates efficiency in local spending … point of vertical fiscal imbalance but also the fiscal implication of spending decentralization and local government … empirical results show that fiscal decentralization determines more responsible and efficient local spending, enhancing local …
Persistent link: https://www.econbiz.de/10013500671
This study explored the linkage between financial development, human resources, and economic growth in a group of twenty-five transition countries during the period 1995-2019. The author applied a range of estimations such as Ordinary Least Squares (OLS), fixed effects model, and two-step GMM...
Persistent link: https://www.econbiz.de/10013256070
The direction of the relationship between economic growth and income (social) inequality remains an open area of research, with theoretical models suggesting the possibility of positive or negative covariations. This study contributes to the debate by examining the case of Mexico, a country...
Persistent link: https://www.econbiz.de/10015210165
In light of the substantial rise in economic inequality in recent decades across the majority of economies, the relationship between inequality and economic growth has garnered significant attention. However, the specific impact of wealth inequality through various transmission channels on...
Persistent link: https://www.econbiz.de/10015210227