Revenue decentralization and inflation: a re-evaluation
نویسنده
چکیده
A problematic feature of the existing empirical literature on the relationship between revenue decentralization (RD) and inflation is the use of inaccurate measures for RD. Using a newly constructed measure for RD that accounts for over-time changes in subnational tax autonomy, this paper finds that RD leads to lower inflation.
منابع مشابه
Rising Chinese regional income inequality: The role of fiscal decentralization
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