Fiscal decentralization and its impact on economic growth have turned into an interesting subject until today since studies regarding fiscal. The global drive towards decentralization has been increasingly justified on the basis that greater transfers of resources to subnational governments are expected to deliver greater. I fiscal decentralization and economic development wallace e oates the point of departure for my contribution to this symposium is the striking contrast. Fiscal decentralization, economic growth and democratic governance ] orge martinez-vazquez robert m mcnab economics department and policy research center. Fiscal decentralization and economic growth jorge martinez-vazquez georgia state university, atlanta, usa and robert m mcnab naval postgraduate school, monterey, ca, usa.
Akai n, sakata m (2002) fiscal decentralization contributes to economic growth: evidence from state-level cross-section data for the united states. The essential logic is that devolution of political and administrative power as well as fiscal resources to lower levels of governments (state or provincial governments, municipalities and. 5 between economic growth and fiscal decentralization—suggesting some role for local governments, especially infrastructure development the distribution function involves the role of. 1 fiscal decentralization and economic growth philip bodman, harry campbell, and thanh le school of economics the university of queensland st lucia, qld 4072. Read fiscal decentralization and economic growth, world development on deepdyve, the largest online rental service for scholarly research with thousands of academic publications available.
Journal of urban economics 45, 228–239 (1999) article id juec19982095, available online at on fiscal decentralization and economic growth in the. 175 fiscal decentralisation and economic growth in 'rich' oecd countries: is there an optimum for the past three decades convergence has been observ. Examined empirically the relationship between fiscal decentralization and economic growth using data for countries and states however.
Fiscal decentralization and economic growth in oecd countries: matching spending with revenue decentralization autores: norman gemmell richard kneller ismael sanz. 1 effect of fiscal decentralization on economic growth in districts of nepal: an econometric analysis - khim lal devkota 1 abstract the main objective of this article is to identify the. Fiscal decentralization and economic growth: spending versus revenue decentralization norman gemmell, richard kneller and ismael sanz∗ this article examines whether the efﬁciency gains. The effects of fiscal decentralization on economic growth in us counties dissertation presented in partial fulfillment of the requirements for.
Fiscal decentralization and economic growth in spain 1 introduction the effect of decentralisation on economic growth is a controversial issue that has been. 3 introduction the relationship between fiscal decentralisation (fd) and economic growth has been analysed by a number of economists during the last three decades. Fiscal decentralization, economic growth and democratic governance jorge martinez-vazquez robert m mcnab economics department and policy research center. 2 1 introduction theoretically, fiscal decentralisation – the devolution of fiscal responsibilities and power from the national government to subnational governments – can enhance or.
We study the effect of fiscal decentralization on economic growth for twenty-three organisation for economic co-operation and development countries from 1975 to 2008.
©the pakistan development review 51:3 (autumn 2012) pp 173–195 fiscal decentralisation and economic growth: role of democratic institutions. Intergovernmental fiscal frameworks usually reflect fundamental societal choices and history and are not foremost geared towards achieving economic policy obje. Fiscal decentralization and economic growth: a dilemma between theory and « 79 demand (2) governance values including responsiveness and accountability. Journal of public economics 67 (1998) 221–240 fiscal decentralization, public spending, and economic growth in china tao zhang , heng-fu zoua,b a,b, a institute of advanced studies,wuhan. 3 enhanced economic growth it remains an open question as to whether fiscal decentralisation actually plays a statistically significant role in enhancing or inhibiting.