This paper examines the impact of fiscal decentralization on economic growth through the channels of (1) efficiency in allocating resources, and (2) counterbalancing effect between investment and tax competitions brought by capital mobility. To do so, I construct theoretical models with four scenarios assuming a country’s regional disparities in endowment and preferences for public goods and services, and derive the maximization of output based on different utility functions and budget constraints of central and subnational governments. I then examine the relationship through these two channels with empirical analyses using a panel dataset with 67 countries during 1990-2016, and use Difference- and System-GMM as well as Structural Equation ...
<p>The effects of fiscal decentralization on economic growth are analyzed. A theoretical framework i...
This study examines the relationship between fiscal decentralization and economic development by usi...
This paper examines how fiscal decentralization may influence economic growth. Previous research on ...
Abandoning fiscal decision-making, redistributing and dispersing authorities provided by central go...
Most of the empirical analysis explores the relationship between fiscal decentralization and economi...
We study the relationship between fiscal decentralization and economic growth for 23 OECD countries ...
In a simple model of endogenous growth with spending by different levels of government, we demonstra...
What impact, if any, does Fiscal Decentralization (FD) have on economic growth? Further investigatio...
The global drive towards decentralization has been increasingly justified on the basis that greater ...
The majority of the literature on fiscal decentralization has tended to stress that the greater capa...
In the past three decades, there is a growing trend of conducting fiscal decentralization in both tr...
This paper analyzes the fiscal decentralization and equalization transfers in a two-region model of ...
What impact, if any, does fiscal decentralisation have on economic growth? Further investigations of...
Preliminary – Not to be quoted or reproduced in part or in whole without the author’s written conste...
Much of the recent worldwide trend towards devolution has been driven by the belief that fiscal dece...
<p>The effects of fiscal decentralization on economic growth are analyzed. A theoretical framework i...
This study examines the relationship between fiscal decentralization and economic development by usi...
This paper examines how fiscal decentralization may influence economic growth. Previous research on ...
Abandoning fiscal decision-making, redistributing and dispersing authorities provided by central go...
Most of the empirical analysis explores the relationship between fiscal decentralization and economi...
We study the relationship between fiscal decentralization and economic growth for 23 OECD countries ...
In a simple model of endogenous growth with spending by different levels of government, we demonstra...
What impact, if any, does Fiscal Decentralization (FD) have on economic growth? Further investigatio...
The global drive towards decentralization has been increasingly justified on the basis that greater ...
The majority of the literature on fiscal decentralization has tended to stress that the greater capa...
In the past three decades, there is a growing trend of conducting fiscal decentralization in both tr...
This paper analyzes the fiscal decentralization and equalization transfers in a two-region model of ...
What impact, if any, does fiscal decentralisation have on economic growth? Further investigations of...
Preliminary – Not to be quoted or reproduced in part or in whole without the author’s written conste...
Much of the recent worldwide trend towards devolution has been driven by the belief that fiscal dece...
<p>The effects of fiscal decentralization on economic growth are analyzed. A theoretical framework i...
This study examines the relationship between fiscal decentralization and economic development by usi...
This paper examines how fiscal decentralization may influence economic growth. Previous research on ...