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Whether to decentralize and how to decentralize? : the optimal fiscal federalism in an endogenous growth model

Chen, Xiaodong; Mi, Haoming; Zhou, Peng - 2023

We develop an endogenous growth model with public consumption and infrastructure services provided by two-tier governments. Growth performance and welfare implication are compared under the centralized and decentralized fiscal federal systems. In general, there is a trade-off between welfare and...

Persistent link: https://www.econbiz.de/10014456585

Governance and fiscal decentralisation in Latin America : an empirical approach

Pinilla, Diego E.; Hernández-Medina, Patricia - In: Economies : open access journal 12 (2024) 8, pp. 1-18

The objective of this study was to establish the relationship between certain institutional variables and the effectiveness of fiscal decentralisation in Latin America. To fulfil this objective, we took a sample of 15 Latin American countries for the years 1996 to 2020 to estimate the logarithm...

Persistent link: https://www.econbiz.de/10015070864

Unfunded mandates and the economic impact of decentralisation : when finance does not follow function

Rodríguez-Pose, Andrés; Vidal-Bover, MIquel - 2022

Persistent link: https://www.econbiz.de/10013414440

Analysis of fiscal decentralisation, human development, and regional economic growth in indonesia

Sofilda, Eleonora; Hamzah, Muhammad Zilal; Suhal Kusairi - In: Cogent economics & finance 11 (2023) 1, pp. 1-15

In Indonesia, fiscal decentralisation has been implemented for two decades, and it is expected that the regions will have a sufficient level of independence to increase economic growth and welfare. This study investigates the influence of fiscal decentralisation and human development on regional...

Persistent link: https://www.econbiz.de/10014500882

Fiscal decentralization, economic growth, and human development : empirical evidence

Nguyen Thanh Hung; Su Dinh Thanh - In: Cogent economics & finance 10 (2022) 1, pp. 1-17

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 …

Persistent link: https://www.econbiz.de/10013400087