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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
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 …
Persistent link: https://www.econbiz.de/10012107011
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
This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data … that decentralization decreases regional inequalities in general. However, estimations using an interaction variable … approach imply that the effect depends on the level of economic development. While rich countries benefit from decentralization …
Persistent link: https://www.econbiz.de/10009295332
In prior studies, accounting and decentralization corruption solutions have so far been analysed in isolation. In this … financial accounting and reporting systems can inhibit monitoring incentives and thus reduce decentralization benefits in … countering corruption. We argue that the effectiveness of decentralization as an anti-corruption barrier is complemented by the …
Persistent link: https://www.econbiz.de/10012869762
This paper adds to the literature by utilizing improved data on tax revenue decentralization to re-examine the … relationship between fiscal decentralization and the size of government. An econometric analysis using panel data from 18 OECD … countries shows that fiscal decentralization matters for both the size and composition of government spending. Tax revenue …
Persistent link: https://www.econbiz.de/10012783397
The literature on the economics of fiscal decentralization stresses the potential for both positive and negative … empirical evidence by testing for a relationship between fiscal decentralization and changes in indicators of the quality of … governance in a cross-­section of developed and developing economies. We find that greater fiscal decentralization is …
Persistent link: https://www.econbiz.de/10014189927
exists a tendency towards decentralization in many developed and developing countries. Using micro data from the Programme … political decentralization on student performance in the areas of mathematics, reading skills and science. We observe that … fiscal decentralization exerts an unequivocal positive effect on students' outcomes in all areas, while the effect of …
Persistent link: https://www.econbiz.de/10013103478
The literature on the economics of fiscal decentralization stresses the potential for both positive and negative … empirical evidence by testing for a relationship between fiscal decentralization and changes in indicators of the quality of … governance in a cross-section of developed and developing economies. We find that greater fiscal decentralization is associated …
Persistent link: https://www.econbiz.de/10013146859
This paper studies the impact of decentralization on the shadow economy. We argue that decentralization may decrease … the size of the shadow economy mainly through two transmission channels: (1) Decentralization enhancing public sector … efficiency (efficiency effect), and (2) decentralization reducing the distance between bureaucrats and economic agents, which …
Persistent link: https://www.econbiz.de/10009266755