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Beyond the centre : tracing decentralization’s influence on time-varying fiscal sustainability
Afonso, António; Alves, José; Jalles, João Tovar; … - 2024
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels …. Results for 185 countries show that while tax decentralization often hampers the degree of fiscal responsiveness, potentially …
Persistent link: https://www.econbiz.de/10014543839
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Assessing long-term fiscal developments : a new approach
Afonso, António; Agnello, Luca; Furceri, Davide - 2009
We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...
Persistent link: https://www.econbiz.de/10003832368
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Government spending and tax revenue decentralization and public sector efficiency : do natural disasters matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023
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 …
Persistent link: https://www.econbiz.de/10014280082
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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023
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 …
Persistent link: https://www.econbiz.de/10014356487
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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023
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 …
Persistent link: https://www.econbiz.de/10014344718
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Assessing long-term fiscal developments - a new approach
Afonso, António; Agnello, Luca; Furceri, Davide; … - 2009
We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue - responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...
Persistent link: https://www.econbiz.de/10011605078
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Beyond the Centre: Tracing Decentralization's Influence on Time-varying Fiscal Sustainability
Afonso, António; Alves, José; Jalles, João Tovar; … - 2024
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels …. Results for 185 countries show that while tax decentralization often hampers the degree of fiscal responsiveness, potentially …
Persistent link: https://www.econbiz.de/10014574299
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Fiscal behaviour in the European Union : rules, fiscal decentralization and government indebtedness
Afonso, António; Hauptmeier, Sebastian - 2009
spending decentralization, and the electoral cycle can impinge on the country’s fiscal position. Furthermore, the results also … decentralization ; European Union ; panel Data …
Persistent link: https://www.econbiz.de/10003866536
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Assessing long-term fiscal developments : a new approach
Afonso, António; Agnello, Luca; Furceri, Davide; … - In: Journal of international money and finance 30 (2011) 1, pp. 130-146
Persistent link: https://www.econbiz.de/10009268859
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Fiscal decentralization and public sector efficiency : do natural disasters matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - In: Economic modelling 137 (2024), pp. 1-13
Persistent link: https://www.econbiz.de/10014549223