Intergovernmental Allocation of Public Resources, Fiscal Decentralization and Economic Growth
Автор: Yue Lai, Tianzhu Cheng
Журнал: International Journal of Information Engineering and Electronic Business(IJIEEB) @ijieeb
Статья в выпуске: 3 vol.3, 2011 года.
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Incorporating a two-level government structure into an endogenous growth model, we discussed the growth impacts of different intergovernmental allocation of public resources, i.e. intergovernmental transfer payments and the power of revenue autonomy of the lower-level government, along with fiscal decentralization. we showed that (1) there was an “Inverted U-shaped” relationship between fiscal decentralization and economic growth; (2) Different intergovernmental allocation of public resources does not affect the “Inverted U-shape” relationship between fiscal decentralization and economic growth.
Government expenditures, transfer payments, revenue autonomy, fiscal decentralization, economic growth
Короткий адрес: https://sciup.org/15013086
IDR: 15013086
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