000 01556nab#a2200241#c#4500
003 IEF
005 20180219173308.0
008 170420s2017 GBR|| #####0 b|ENG|u
040 _aIEF
041 _aENG
100 1 _aLigthart, Johanna Elisabeth
_933045
245 _aThe fiscal decentralisation and economic growth nexus revisited
_c Jenny E. Ligthart and Peter van Oudheusden
260 _c2017
500 _aDisponible en formato electrónico a través de la Biblioteca del IEF. Resumen. Conclusión. Bibliografía.
650 4 _aDESCENTRALIZACION FISCAL
_942579
650 4 _aDESARROLLO ECONOMICO
_950224
520 _aThis paper addresses two challenges that the fiscal decentralisation and economic growth nexus faces . namely, endogeneity problems and inaccuratemeasurement of fiscal decentralisation. We introduce novel instrumental variables based on common legal system origin, common federal system, geographical position and relative country size. The positive relationship between fiscal decentralisation and economic growth that we find remains valid when using these instrumental variables. Using fiscal decentralisation measures that better reflect theautonomy of subnational governments changes this relationship. This finding, however, is the result of the accompanying changes in the sample rather than the use of these alternative measures themselves.
700 1 _aOudheusden, Peter van
_963622
773 0 _tFiscal Studies
_w55561
_gv. 38, n. 1, March 2017, p. 141-171
942 _cART
942 _z147809
999 _c129257
_d129257