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Fiscal decentralization and economic growth in OECD countries: is there a relationship?

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We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization causes lower growth rates, we find that this result is not robust...

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Bibliographic Details
Main Authors: Baskaran, Thushyanthan (Author) , Feld, Lars P. (Author)
Format: Book/Monograph Working Paper
Language:English
Published: München CESifo 2009
Series:CESifo working paper Monetary Policy and International Finance 2721
In: CESifo working papers (2721)

Subjects:
1975-2001
Arbeitspapier
Graue Literatur
Geschichte 1975-2001
Wirtschaftswachstum
Fiskalföderalismus
OECD
Online Access:Verlag, Volltext: http://www.cesifo-group.de/DocCIDL/cesifo1_wp2721.pdf
Download aus dem Internet, Stand: 01.09.2009, Volltext: http://hdl.handle.net/10419/30426
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Author Notes:Thushyanthan Baskaran; Lars P. Feld
Description
Summary:We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization causes lower growth rates, we find that this result is not robust to alternative specifications. We also fail to obtain evidence for a negative relationship in a number of additional robustness checks. We thus conclude that fiscal decentralization is unrelated to economic growth. -- fiscal federalism ; sub-national fiscal autonomy ; tax competition
Physical Description:Online Resource

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