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  • This paper examines the importance of fiscal decentralization for a long term economic development. The aim of the paper is to test impact of fiscal decentralization on output in the European Union in a period 1995-2012. The empirical evidence is performed on a panel which contains 21 countries. The analysis uses data taken from OECD Fiscal Decentralisation Database and OECD. Since fiscal decentralization has many dimensions, the following indicators are used in the empirical analysis: expenditure decentralization, revenue decentralization and tax revenue decentralization. The empirical tests relating decentralization and economic performance are based on cross correlation and linear regression. Across the analyzed countries, decentralization appears to be positively associated with GDP per capita levels but negatively associated with GDP growth. The relationship is stronger for revenue decentralization than for expenditure decentralization.
  • This paper examines the importance of fiscal decentralization for a long term economic development. The aim of the paper is to test impact of fiscal decentralization on output in the European Union in a period 1995-2012. The empirical evidence is performed on a panel which contains 21 countries. The analysis uses data taken from OECD Fiscal Decentralisation Database and OECD. Since fiscal decentralization has many dimensions, the following indicators are used in the empirical analysis: expenditure decentralization, revenue decentralization and tax revenue decentralization. The empirical tests relating decentralization and economic performance are based on cross correlation and linear regression. Across the analyzed countries, decentralization appears to be positively associated with GDP per capita levels but negatively associated with GDP growth. The relationship is stronger for revenue decentralization than for expenditure decentralization. (en)
Title
  • Testing link between fiscal decentralization and economic development in the European Union.
  • Testing link between fiscal decentralization and economic development in the European Union. (en)
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  • Testing link between fiscal decentralization and economic development in the European Union.
  • Testing link between fiscal decentralization and economic development in the European Union. (en)
skos:notation
  • RIV/47813059:19520/14:#0002735!RIV15-MSM-19520___
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  • 50049
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  • RIV/47813059:19520/14:#0002735
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  • fiscal decentralization; fiscal federalism; economic development; expenditure decentralization; revenue decentralization (en)
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  • [C0EE3B50B8FE]
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  • Sborník příspěvků XII. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie
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  • SZAROWSKÁ, Irena
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  • Slezská univerzita v Opavě
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  • 978-80-7510-045-0
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  • 19520
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