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 …

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 …

We empirically analyze the determinants of the fiscal decentralization in the European Union. Our approach consists on … on the fiscal decentralization by quantiles. Specifically, while GDP per capita or corruption are not significant in a … decentralization. And other variables as population, density or inequality do not have neither the same impact among quantiles …

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 …