The Impact of Fiscal Decentralization on Economic Performance in High-Income OECD Nations: An Institutional Approach
| Title: | The Impact of Fiscal Decentralization on Economic Performance in High-Income OECD Nations: An Institutional Approach |
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| Format: | Journal Article |
| Publication Date: | 2011 |
| Published In: | Public Choice |
| Publisher | Public Choice |
| Description: | This paper examines the impact of public sector decentralization on per capita income. Controlling for differences in institutional arrangements among countries, panel data regressions on a sample of observations from 20 high-income OECD nations spanning the years 1972 to 2005 indicate that decentralization is positively related to income. The empirical analysis shows that institutions consistent with economic freedom enhance the positive income effects of decentralization. Thus, the impact of public sector decentralization is dependent upon a nation’s institutional environment. |
| Ivan Allen College Contributors: | |
| Citation: | Buser, W. (2011) “The Impact of Fiscal Decentralization on Economic Performance in High-Income OECD Nations: An Institutional Approach” Public Choice Vol. 149, No. 1-2, pp 31-48. |
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