Showing 1 - 10 of 433
decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of …
Persistent link: https://www.econbiz.de/10012895109
This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a … stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact of fiscal decentralization on … those efficiency coefficients. The findings indicate that fiscal decentralization can improve the efficiency of public …
Persistent link: https://www.econbiz.de/10013024434
decentralization is not the root cause of this situation. Panel estimation techniques find evidence that the trend rise in deficits …
Persistent link: https://www.econbiz.de/10012783224
Does fiscal decentralization improve health and educational outcomes? Does this improvement depend on the quality of … governance? How do fiscal decentralization and governance interact? We answer these questions through an instrumental variable … Tobit analysis of cross-country panel data. We find negative effects of fiscal decentralization on health outcomes, which …
Persistent link: https://www.econbiz.de/10014082215
on fiscal decentralization suggesting that redistribution is most effectively carried out at sub-central levels of … that the decentralization of government expenditure can help achieve a more equal distribution of income. However, several … conditions need to be fulfilled: i) the government sector needs to be sufficiently large, ii) decentralization should be …
Persistent link: https://www.econbiz.de/10013053956
The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal … following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there … results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation …
Persistent link: https://www.econbiz.de/10013085613
This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved...
Persistent link: https://www.econbiz.de/10013107075
This paper explores the impact of fiscal decentralization on fiscal policy performance in a large sample of advanced … stronger fiscal balance; however, fiscal decentralization can lead to more pro-cyclical fiscal policy. Thus, the design and … pace of fiscal decentralization need to be tailored to the specificities of the economy. Countries that have already …
Persistent link: https://www.econbiz.de/10012956488
This paper proposes an empirical framework that distinguishes voluntary from involuntary compliance with fiscal deficit targets on the basis of economic, institutional, and political factors. The framework is applied to Spain's Autonomous Communities (regions) over the period 2002-2015. Fiscal...
Persistent link: https://www.econbiz.de/10012962146
. Decentralization has, however, often occurred on the expenditure and less on the revenue side, creating “vertical fiscal imbalances … when promoting fiscal decentralization. This paper also underlines the role of data covering the general government and its …
Persistent link: https://www.econbiz.de/10013031168