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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 … over the period 1987–2010. In the recent past, the structure of decentralized government in China has undergone two …
Persistent link: https://www.econbiz.de/10014084854
The article provides direct empirical evidence on fiscal decentralisation and economic development in selected European countries in a period 1995-2012. The research (based on data taken from OECD Fiscal Decentralisation Database and OECD) is performed on a panel, which contains 17 unitary...
Persistent link: https://www.econbiz.de/10011460489
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/10010412862
countries in the degree of fiscal decentralization can contribute to this divergent outcome. Using a large panel of countries …, covering several decades and various fiscal decentralization and natural resource measures, we provide empirical support for …
Persistent link: https://www.econbiz.de/10013038322
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
This paper revisits the relationship between fiscal decentralization and economic growth by addressing the endogeneity … argue are strong and consistent instruments for fiscal decentralization. Empirically, we find that indeed both instruments … expenditure or revenue shares—the conventional measures of decentralization—will increase GDP per capita growth by approximately 0 …
Persistent link: https://www.econbiz.de/10012860646
In this paper, I examine the impact of fiscal decentralization on state-level economic growth in India. There is little … empirical evidence testing for a non-uniform impact of fiscal decentralization within a country. I build a social development … outcomes. Using an analytical model, I identify the specific channels through which fiscal decentralization impacts economic …
Persistent link: https://www.econbiz.de/10012860895
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
This study discusses the impact of fiscal decentralisation on economic growth to have an indepth analysis of different policies that are in practice for decentralisation. This study makes it obvious that mere decentralisation is not enough; the equally important matter is how to decentralise? In...
Persistent link: https://www.econbiz.de/10012813911
This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I find that local education finance yields higher...
Persistent link: https://www.econbiz.de/10013316652