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In this paper, I examine the impact of fiscal decentralization on state-level economic growth in India. There is little … empirical evidence testing for a non-uniform impact of fiscal decentralization within a country. I build a social development … outcomes. Using an analytical model, I identify the specific channels through which fiscal decentralization impacts economic …
Persistent link: https://www.econbiz.de/10012860895
In this article, updated approach to assess the impact of fiscal decentralization on economic development is offered …. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging … expenditures decentralization was more essential than revenue decentralization. The vast majority of the counties from Central and …
Persistent link: https://www.econbiz.de/10012865398
economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …
Persistent link: https://www.econbiz.de/10014084854
This paper reviews the current knowledge on an issue of increasing policy interest: what impact fiscal decentralization … has on economic growth. Fiscal decentralization may indeed have a direct impact on economic growth but the theoretical … decentralization and economic growth is that it remains an open question. Much less attention has been devoted in the literature to the …
Persistent link: https://www.econbiz.de/10014136490
The effect of fiscal decentralization on economic growth has majorly been investigated in developed countries in … purpose, the study will investigate the effect of tax revenue and expenditure decentralization assignments on county economic … analysis was performed to avoid misleading conclusion. From estimation result, expenditure decentralization has a positive …
Persistent link: https://www.econbiz.de/10014264329
The paper investigates effects of fiscal decentralization on non-oil sector development in case of Azerbaijan for the … share of local expenditures and revenues in total, measures of fiscal decentralization, have negative impact on non-oil GDP … implementing economic reforms to develop institutional aspects of decentralization and thus make it supportive for non-oil economic …
Persistent link: https://www.econbiz.de/10012829187
China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local TFP dynamics, and regional inequality itself generates...
Persistent link: https://www.econbiz.de/10014456599
Persistent link: https://www.econbiz.de/10010421936
We consider a country whose government provides a bundle of goods and services through a multi-tier administrative organization. We compare the optimal architectures of public governance (i.e. the division of the state into several tiers, the distribution of services among them, their number of...
Persistent link: https://www.econbiz.de/10011903798
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels …. Results for 185 countries show that while tax decentralization often hampers the degree of fiscal responsiveness, potentially …
Persistent link: https://www.econbiz.de/10014543839