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economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …
Persistent link: https://www.econbiz.de/10014084854
Persistent link: https://www.econbiz.de/10010395142
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the...
Persistent link: https://www.econbiz.de/10013051449
Persistent link: https://www.econbiz.de/10011772062
This paper looks at the channels through which intangible assets affect productivity growth. The econometric analysis exploits a new data set on intangible investment (INTAN‐Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a)...
Persistent link: https://www.econbiz.de/10014120574
In this article, updated approach to assess the impact of fiscal decentralization on economic development is offered …. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging … expenditures decentralization was more essential than revenue decentralization. The vast majority of the counties from Central and …
Persistent link: https://www.econbiz.de/10012865398
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 … innovate and carry out reforms. On the contrary, some authors argue that decentralization increases corruption and government …
Persistent link: https://www.econbiz.de/10013045930
We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 … by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization … evidence for a negative relationship in a number of additional robustness checks. We thus conclude that fiscal decentralization …
Persistent link: https://www.econbiz.de/10003871924
Most countries pay substantial intergovernmental transfers to poor regions. Since these transfers are often paid with 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...
Persistent link: https://www.econbiz.de/10011522145
We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 … by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization … evidence for a negative relationship in a number of additional robustness checks. We thus conclude that fiscal decentralization …
Persistent link: https://www.econbiz.de/10013157658