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Public investment spending declined steadily in advanced economies during the last three decades. Germany is a case in point where the aggregate decline coincided with growing inequality in investments across districts. What explains the variation in local investment spending? We assembled a...
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This paper studies the determinants of regional (oblast-level) public investment in transitional Russia, focusing on the effects of federal fiscal redistribution. A model of local government expenditure in the presence of regional asymmetries shows that revenue redistribution from wealthy to...
Persistent link: https://www.econbiz.de/10014067664
led to a decentralization of conservation decisions. We employ a Bayesian structural time series approach to estimate the …
Persistent link: https://www.econbiz.de/10011650510
This study analyses a possible reason behind the ambiguous relationship between fiscal decentralization and government …, thereby increasing the level of aggregate government spending through fiscal decentralization. It is tested by employing a … comes into the picture, it dilutes the negative association, which is suggestive of the fact that fiscal decentralization …
Persistent link: https://www.econbiz.de/10013230716
In many African countries, decentralization has long been viewed as a means for improving local service delivery. Yet …, despite various decentralization initiatives, poor service delivery continues to be problematic in two of Kenya's largest … cities, Nairobi and Mombasa. Despite various governance reforms to enhance Kenya's decentralization process, backed up by …
Persistent link: https://www.econbiz.de/10009667965
. -- Bolivia ; fiscal decentralization ; revenues ; taxes ; intergovernmental transfers …
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