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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
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
Most of the empirical analysis explores the relationship between fiscal decentralization and economic growth within a … constitutional void. This paper investigates the connection between fiscal decentralization and income growth across different … institutional settings in 20 OECD countries over the period 1973-2007. We find that the pro-growth effects of tax decentralization …
Persistent link: https://www.econbiz.de/10014150322
This paper reviews the current knowledge on an issue of increasing policy interest: what impact fiscal decentralization … has on economic growth. Fiscal decentralization may indeed have a direct impact on economic growth but the theoretical … decentralization and economic growth is that it remains an open question. Much less attention has been devoted in the literature to the …
Persistent link: https://www.econbiz.de/10014136490
The paper investigates effects of fiscal decentralization on non-oil sector development in case of Azerbaijan for the … share of local expenditures and revenues in total, measures of fiscal decentralization, have negative impact on non-oil GDP … implementing economic reforms to develop institutional aspects of decentralization and thus make it supportive for non-oil economic …
Persistent link: https://www.econbiz.de/10012829187
We consider a country whose government provides a bundle of goods and services through a multi-tier administrative organization. We compare the optimal architectures of public governance (i.e. the division of the state into several tiers, the distribution of services among them, their number of...
Persistent link: https://www.econbiz.de/10011903798
Decentralization reforms typically lead to the coexistence of multiple tiers of government in a given policy area. To … analyze the welfare effects of such partial decentralization, this paper develops a political agency model in which two levels … decentralization is desirable only if the benefits of vertical complementarity in public good provision outweigh the costs of reduced …
Persistent link: https://www.econbiz.de/10014201038
In an economy with both inter- and intra-region inequality and inconsistency between the objectives of local and central governments, this paper studies optimal non-linear federal (central) income tax under non-linear regional income taxes. Starting with a benchmark model without labor mobility,...
Persistent link: https://www.econbiz.de/10013225713
We can enhance development by making it easier for people to “vote with their feet” between jurisdictions. Few, if any, policy reforms can achieve such enormous increases in economic growth and opportunity. Foot voting is, in several crucial respects, a better mechanism of political...
Persistent link: https://www.econbiz.de/10012899463
Persistent link: https://www.econbiz.de/10011734385