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The article provides direct empirical evidence on fiscal decentralisation and economic development in selected European countries in a period 1995-2012. The research (based on data taken from OECD Fiscal Decentralisation Database and OECD) is performed on a panel, which contains 17 unitary...
Persistent link: https://www.econbiz.de/10011460489
There is a widespread belief that fiscal decentralization is an effective tool for increasing the efficiency of public … expenditures. Decentralization is expected to boost accountability and transparency in the provision of public goods for the well … for the period 1980 to 2012, the study found that expenditure decentralization exerted negative effect on human resource …
Persistent link: https://www.econbiz.de/10011473707
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
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
In this article, updated approach to assess the impact of fiscal decentralization on economic development is offered …. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging … expenditures decentralization was more essential than revenue decentralization. The vast majority of the counties from Central and …
Persistent link: https://www.econbiz.de/10012865398
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 approximately 0 …
Persistent link: https://www.econbiz.de/10012860646
In this paper, I examine the impact of fiscal decentralization on state-level economic growth in India. There is little … empirical evidence testing for a non-uniform impact of fiscal decentralization within a country. I build a social development … outcomes. Using an analytical model, I identify the specific channels through which fiscal decentralization impacts economic …
Persistent link: https://www.econbiz.de/10012860895
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