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decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of …
Persistent link: https://www.econbiz.de/10013158510
decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of …
Persistent link: https://www.econbiz.de/10013316345
Oates' Decentralization Theorem is the basis of the theory of fiscal federalism. This study reconsiders the theorem … with a focus on the role of preference heterogeneity. The Decentralization Theorem predicts that the larger (smaller) the … heterogeneity in preferences for local public goods across regions, the larger (smaller) the benefits of decentralization. Contrary …
Persistent link: https://www.econbiz.de/10012860585
Intergovernmental fiscal frameworks usually reflect fundamental societal choices and history and are not foremost geared towards achieving economic policy objectives. Yet, like most institutional arrangements, fiscal relations affect the behaviour of firms, households and governments and thereby...
Persistent link: https://www.econbiz.de/10012454676
fiscal decentralization; consider heterogeneity in parameters by federalism status and income levels; and incorporate …We show that the efficacy of fiscal decentralization in enhancing economic growth and labor productivity growth depends … effects, we introduce a distinct measure of fiscal decentralization that serves as a proxy for taxes collected at the sub …
Persistent link: https://www.econbiz.de/10012915766
In this essay, I argue that the various institutional settings of fiscal decentralization observed in developing … Generalized Method of Moments (GMM) to address the issue of endogeneity, which is a common issue in fiscal decentralization … studies. The findings show a strong nonlinear relationship between institutional quality and fiscal decentralization metrics …
Persistent link: https://www.econbiz.de/10014503099
emerging literature on clean energy federalism is a symptom of this emancipation. This Article adds to that literature by … environmental federalism and clean energy federalism. Renewable portfolio standards and feed-in tariffs both seek to mitigate global … Article illustrates how clean energy federalism both draws on and advances the theories shaping today’s environmental …
Persistent link: https://www.econbiz.de/10014131624
. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision …-makers are better informed about local needs. At the same time, decentralization has reverse effects, e.g., through coordination … consider how both anti-poverty instruments - financial assistance and decentralization - work together. -- foreign aid ; growth …
Persistent link: https://www.econbiz.de/10003887528
Corruption has become an increasingly salient issue in India today, spawning both enormous interest from the media as … policy options under discussion, and the actual evidence base drawn from empirical research on corruption. We attempt to … bridge this gap, directly addressing the particular challenges that corruption in India poses. Academic evidence supports the …
Persistent link: https://www.econbiz.de/10013012603
Does fiscal decentralization result in more efficient governance and higher economic growth? This Paper empirically … tests the hypothesis posed by theoretical literature that the effect of economic decentralization depends on features of the … political institutions. Using data from 95 countries for the last 25 years, we show that the effect of decentralization on …
Persistent link: https://www.econbiz.de/10005791475