Regional state capacity and the optimal degree of fiscal decentralization
نویسندگان
چکیده
منابع مشابه
Rising Chinese regional income inequality: The role of fiscal decentralization
Article history: Received 16 August 2011 Received in revised form 5 February 2013 Accepted 12 February 2013 Available online xxxx This article examines the quantitative effects of the Chinese fiscal system on the increasing regional income inequality in China, from 1978 to 2007. Fiscal decentralization is a multifaceted concept not likely to be captured by a single measure. This paper investiga...
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15 صفحه اولGlobalization and Fiscal Decentralization
The international integration of markets and the decentralization of authority within nation states are two defining trends of the contemporary era. A popular speculation is that globalization has caused a downward shift in the locus of governance by reducing the economic costs of smallness and allowing localities and regions with distinctive preferences to pursue their own political and econom...
متن کاملPartial fiscal decentralization
The fiscal decentralization impulse now sweeping the world often leads to partial decentralization, where subnational governments are funded by central transfers, rather than leading to full local autonomy. Despite the practical important of this arrangement, the literature contains no economic analysis of a partial decentralization regime in a Tiebout-style model. This paper provides such an a...
متن کاملFiscal decentralization and public debt
Excessive borrowing by subnational governments due to soft budget constraints and intergovernmental coordination failures might be one of the perils of decentralization. Despite a large body of case studies, empirical investigations on whether decentralization increases consolidated public debt levels are still scarce. This paper contributes to the literature by exploring econometrically for se...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2018
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2017.12.010