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The optimal degree of decentralization depends on the importance of inter-state externalities of local policies. We … the number influenced by local business groups. Our findings have implications for the literatures on federalism and on …
Persistent link: https://www.econbiz.de/10014050904
The growing research on fiscal and political federalism in economics (as well as rational choice political science …
Persistent link: https://www.econbiz.de/10008529309
The budget system revenues of the Russian Federation in 2020 shrank by Rb3.4 trillion in real terms compared to the previous year, or by 8.6% at constant prices (Table 6) on the back of reduced oil and gas revenues. For this reason, the proportion of oil and gas revenues in the total budget...
Persistent link: https://www.econbiz.de/10013215923
In 2022, the nominal growth of all the main parameters of the enlarged government budget (hereinafter — EGB) led to their dynamics in shares of GDP in relation to the previous year to have a multidirectional nature: revenues decreased by 0.6 p.p. of GDP to its lowest level in recent years of...
Persistent link: https://www.econbiz.de/10014347081
researchers have argued that federalism could play a central role in development. We agree, but with an important caveat. We …
Persistent link: https://www.econbiz.de/10014151262
research determined the solution of problems Research Institute of Fiscal Federalism important for modern economic science, and …
Persistent link: https://www.econbiz.de/10014156765
Competition among local governments in a decentralized political system is often thought to discipline lazy or corrupt officials, improving public good provision and increasing welfare. Some scholars note possible distortions due to spillovers or a race-to-the-bottom, but suggest that central...
Persistent link: https://www.econbiz.de/10014070526
The relationship between decentralization and the quality of governments is one of the core issues of decentralization … the theory of fiscal federalism predicts. Indeed, as Faguet (2014) argues, the strongest theoretical argument in favour of … decentralization is that it will improve the accountability and responsiveness of government by altering its structure so as to …
Persistent link: https://www.econbiz.de/10011499334
In the present Master Thesis, written at the University of Bonn, the relationship between fiscal decentralization and … 2005-2012 is gathered by the author. Using panel data analysis, it is shown that excessive expenditure decentralization … within a region, which is not accompanied by revenue decentralization, can have harmful consequences for regional economic …
Persistent link: https://www.econbiz.de/10013005713
The paper provides an empirical analysis of the determinants of fiscal decentralization within Russian regions in 1994 … of the determinants of decentralization that points to the link between decentralization and the structure of regional … government revenue: access to windfall revenues leads to a more centralized governance structure. The degree of decentralization …
Persistent link: https://www.econbiz.de/10014062337