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By studying the interaction between social capital and decentralization, we show that political decentralization can be … capital display their effect on the economy mainly through the functioning of local institutions, decentralization enhances …
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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 …
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The objective of this paper is to examine the simultaneous relationship between fiscal decentralization, economic … that the significant relationship does exist between fiscal decentralization, economic growth, and human development from … decentralization, respectively. These results hold true with alternative estimation methods and sub-indexes of decentralization …
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