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decentralization is not the root cause of this situation. Panel estimation techniques find evidence that the trend rise in deficits …
Persistent link: https://www.econbiz.de/10012783224
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
In assessing the desirability for tax decentralization reforms, a dilemma between efficiency and redistribution emerges …, decentralization curbs incentives for excessive subnational spending and enhances fiscal discipline, but may also widen interregional … the optimal degree of fiscal decentralization. We find that tax decentralization can be optimal even under Rawlsian social …
Persistent link: https://www.econbiz.de/10012871755
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 approximately 0 …
Persistent link: https://www.econbiz.de/10012860646
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
on fiscal decentralization suggesting that redistribution is most effectively carried out at sub-central levels of … that the decentralization of government expenditure can help achieve a more equal distribution of income. However, several … conditions need to be fulfilled: i) the government sector needs to be sufficiently large, ii) decentralization should be …
Persistent link: https://www.econbiz.de/10013053956
In this paper we offer a comprehensive and updated review of the impact of fiscal decentralization on the economy … decentralization: its proper measurement and the potential endogeneity of fiscal decentralization with many of the variables of … decentralization on a relevant list of socio-economic variables. The impact of fiscal decentralization reforms on political …
Persistent link: https://www.econbiz.de/10013019032
line with the hypothesis that greater revenue decentralization (measured as sub-national governments' share of own source …
Persistent link: https://www.econbiz.de/10013024369
This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a … stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact of fiscal decentralization on … those efficiency coefficients. The findings indicate that fiscal decentralization can improve the efficiency of public …
Persistent link: https://www.econbiz.de/10013024434
We survey the empirical literature on fiscal decentralization (FD) and analyze the advantages and disadvantages of … conclude that there is no general answer regarding the net effect of FD. Fiscal decentralization reforms have to consider a …
Persistent link: https://www.econbiz.de/10013044260