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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/10015074882
often not enforced, and tax decentralization falls far short of the recommendations of orthodox economists and international … minorities: in many of these states, personalist electoral institutions preserve excessive expenditure decentralization with a … Spain, it has had the contrary effect in developing countries. The political logics of federalism in the developing world …
Persistent link: https://www.econbiz.de/10014144658
Fiscal federalism theorists have long been intrigued by the relationship between fiscal decentralization and poverty … provide new empirical evidence on the relationship between fiscal decentralization and poverty. It focuses on how the function … of institutional quality can explain the relationship between fiscal decentralization and poverty in 53 developing …
Persistent link: https://www.econbiz.de/10013426218
Considerable attention has been given to enhancing subnational development finance in response to the 2008 global financial crisis and recent global development agendas, including the Sustainable Development Goals, Financing for Development, and Habitat III/New Urban Agenda. Much work on this...
Persistent link: https://www.econbiz.de/10011975523
This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland. Switzerland is a particularly interesting setting in this context because it features both a high level of fiscal autonomy for Swiss cantons and explicit fiscal transfers between...
Persistent link: https://www.econbiz.de/10012921275
This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland. Switzerland is a particularly interesting setting in this context because it features both a high level of fiscal autonomy for Swiss cantons and explicit fiscal transfers between...
Persistent link: https://www.econbiz.de/10011795017
This paper provides an empirical analysis on the question whether equalization payments across regions and transfers from the central government stimulate regional growth or impede it. Using a panel of 22 French regions from 2002 to 2008, we find that regional economic growth is positively...
Persistent link: https://www.econbiz.de/10010490168
governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …
Persistent link: https://www.econbiz.de/10012782862
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 … practical in nature. In addition to proposing a new proxy for fiscal decentralization, we evaluate the permanent impact of …
Persistent link: https://www.econbiz.de/10012915766
group of countries. The magnitude of the coefficients of control of corruption, government effectiveness, political …
Persistent link: https://www.econbiz.de/10011972651