physical and – especially – human capital as a share of general government spending is significantly higher in more …

economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … over the period 1987–2010. In the recent past, the structure of decentralized government in China has undergone two … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …

-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local … affected by central government transfers to regions. Two kinds of fiscal transfers are investigated: equalization transfers and …

. Second, the globalization and government dynamics modulate the terrorism dynamics to broadly induce a negative net effect on …This study empirically verifies the effect of terrorism on financial development and how globalisation and governance … modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study …

Government is often considered the safe sector of an open economy that provides households with insurance against … markets to insure themselves. In this paper we examine the relationship between government size, trade openness, and output … of the government- and market-based insurances to inter-regional risk sharing are also estimated. The empirical results …

terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence … is based on interactive Quantile regressions. Domestic, transnational, unclear and total terrorism dynamics are employed … investigated hypothesis, we consistently confirm that: (i) In quantiles where terrorism is found to increase (decrease) economic …

We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … observations on 177 countries from 1968 to 2000, which brings together information from the Penn World Table dataset, the ITERATE … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have …

terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence … is based on interactive Quantile regressions. Domestic, transnational, unclear and total terrorism dynamics are employed … investigated hypothesis, we consistently confirm that: (i) In quantiles where terrorism is found to increase (decrease) economic …

We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The … used, while terrorism dynamics entail: domestic, unclear, transnational and total number of terrorist attacks. The main … terrorism on FDI. The positive threshold we cannot establish is important for policy makers because it communicates a cut …