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 …

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 …

The empirical evidence on the relationship between political decentralization and corruption is far from clear. We … develope a model that analizes the relationship between decentralization and corruption and show how cost–benefit calculations …. Decentralization, on the other hand, is more efficient where there exists heterogeneity across jurisdictions. In this scenario, the …

explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes — ‘decentralization’ and ‘centralization’ — when ‘knowledge … government levels. It is shown that, depending on which level of policy decision making controls the degree of decentralization …

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 …