This article analyses the redistributive efficiency of public spending and taxation in a panel of both advanced and developing economies during the last three decades (1984-2012). In order to explore how redistribution is achieved through fiscal policies, a two-stage approach is applied. First,...

There are theoretical arguments supporting the view that regional income inequalities, the degree of fiscal decentralization and the quality of government are simultaneously determined. To the extent that previous work has considered feedback effects between them, it has done so through...

This paper analyses the relationship between income inequality and economic growth through fiscal policy. To this end, we present and estimate two systems of structural equations with error components through which gross income inequality determines different fiscal policy outcomes, which...

The construction sector, whether privately or publically financed, is characterized by potentially large rents and government intervention. Not surprisingly then, both case-study and survey evidence has been provided highlighting the problem of corruption in this sector. In this article, we test...

In this paper we investigate the effect of public investment on output, employment and private investment in Spain and its regions, and evaluate the relevance and magnitude of the resulting regional spillover effects. To this aim, we estimate different models using the Autoregressive Vector...

En este artículo analizamos el rol mediador de la calidad de gestión de gobierno en la relación entre descentralización fiscal y disparidades regionales. Trabajos previos han argumentado que la descentralización fiscal cuenta con el potencial para reducir los diferenciales de ingresos entre...

We examine the impact of structural and cohesion funds on regional disparities within EU countries over the period 1995 – 2006. We find that structural funds have reduced regional disparities over this period. Our empirical estimates also suggest that the effect of structural funds on...

Using indicators of fiscal decentralization which control for intergovernmental transfers and grants, it is shown that decentralization has a positive impact on government quality but that this positive effect is mitigated in the presence of regional elections and multi-level government.