Showing 1 - 10 of 1,565
This paper deals with the problems encountered in defining and measuring the degree of fiscal decentralization. Drawing … on a recent analytical framework of the OECD, different measures of fiscal autonomy and revenue decentralization are …-making competencies in the course of time, new time series of annual data on the degree of fiscal decentralization are provided for 23 …
Persistent link: https://www.econbiz.de/10014069150
Considerable attention has been given to enhancing subnational development finance in response to the 2008 global financial crisis and recent global development agendas, including the Sustainable Development Goals, Financing for Development, and Habitat III/New Urban Agenda. Much work on this...
Persistent link: https://www.econbiz.de/10011975523
In this paper we use the new Government Revenue Dataset to analyse fiscal decentralization. We find that developed … fiscally decentralized regions. In our econometric analysis, we examine the relationship between fiscal decentralization and … the shadow economy. We hypothesize that decentralization can negatively or positively affect the size of the shadow …
Persistent link: https://www.econbiz.de/10011582864
The literature on socio economic implications of fiscal decentralization (FD) has recently been expanding, though only … budget deficits. Using various measures of both expenditure and revenue decentralization in a large panel data set, we show …
Persistent link: https://www.econbiz.de/10011528373
centralization. The recent years have witnessed strong movements for both decentralization and secession. At the same time, a divided … economic and monetary union of some European countries. It is therefore natural that decentralization has been at the center of … particularly interesting because it explains the wave of decentralization that has followed the end of the Cold War. The model also …
Persistent link: https://www.econbiz.de/10014183362
This paper presents a simple positive model that unifies most of the results of the normative literature on fiscal federalism. The model describes an economy characterized by two levels of government, one public good, and a private good. The predictions of the model are tested by using a new set...
Persistent link: https://www.econbiz.de/10014056842
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
In this paper we offer a comprehensive and updated review of the impact of fiscal decentralization on the economy … decentralization: its proper measurement and the potential endogeneity of fiscal decentralization with many of the variables of … decentralization on a relevant list of socio-economic variables. The impact of fiscal decentralization reforms on political …
Persistent link: https://www.econbiz.de/10013019032
Previous empirical studies suggest that decentralization, measured by the number of government layers, is associated … present evidence that fiscal decentralization (de facto) does not reduce FDI. If local governments can set their tax rates and …
Persistent link: https://www.econbiz.de/10012534568
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