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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
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 study discusses the impact of fiscal decentralisation on economic growth to have an indepth analysis of different policies that are in practice for decentralisation. This study makes it obvious that mere decentralisation is not enough; the equally important matter is how to decentralise? In...
Persistent link: https://www.econbiz.de/10012813911
Persistent link: https://www.econbiz.de/10009537719
This paper analyses of some the key aspects of public expenditure policy in Denmark. The public expenditure to GDP ratio has abated markedly since the mid-1990s, reflecting both cyclical gains and the return on structural reforms. Nevertheless, the underlying upward pressure on government...
Persistent link: https://www.econbiz.de/10012443874
Persistent link: https://www.econbiz.de/10012999256
,000 observations of individuals living in 29 European countries. Our results reveal that political and fiscal decentralization have a … positive and significant effect on individuals' overall happiness. Fiscal decentralization also exerts a significant effect on … effect of political decentralization on these variables is more limited. The results show that citizens seem to be happier …
Persistent link: https://www.econbiz.de/10013126916
Chanchal Kumar Sharma,in his paper demonstrates that in order for fiscal decentralisation to be effective, it must be approached federally. A federal approach is not a decentralised approach but a dynamically balanced approach; one that constantly keeps on adjusting the contrasting forces of...
Persistent link: https://www.econbiz.de/10014054503
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
This paper uses cross-national data to examine the effects of different dimensions of decentralization on the … expenditure and revenue sides of their activities, is what really matters in determining the effect of decentralization on … conducted, thus corroborating that they are not driven by the potential endogeneity of decentralization policies. …
Persistent link: https://www.econbiz.de/10010796115