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Regional inequalities, fiscal decentralization and government quality
Regional inequalities, fiscal decentralization and government quality. Regional Studies. There are theoretical arguments supporting the view that regional income inequalities, the degree of fiscal decentralization and the quality of government are simultaneously determined. This article argues that existing empirical work has failed to deal adequately with this possibility. In light of this, it applies a simultaneous equation model, which accounts for the joint determination of these three variables, to a panel of 23 Organisation for Economic Co-operation and Development (OECD) countries. The empirical evidence that emerges from the analysis suggests that a process of fiscal decentralization, accompanied by measures to improve the quality of government, would be an effective strategy for reducing regional inequalities.
Regional inequalities, fiscal decentralization and government quality
Regional inequalities, fiscal decentralization and government quality. Regional Studies. There are theoretical arguments supporting the view that regional income inequalities, the degree of fiscal decentralization and the quality of government are simultaneously determined. This article argues that existing empirical work has failed to deal adequately with this possibility. In light of this, it applies a simultaneous equation model, which accounts for the joint determination of these three variables, to a panel of 23 Organisation for Economic Co-operation and Development (OECD) countries. The empirical evidence that emerges from the analysis suggests that a process of fiscal decentralization, accompanied by measures to improve the quality of government, would be an effective strategy for reducing regional inequalities.
Regional inequalities, fiscal decentralization and government quality
Kyriacou, Andreas P. (Autor:in) / Muinelo-Gallo, Leonel (Autor:in) / Roca-Sagalés, Oriol (Autor:in)
Regional Studies ; 51 ; 945-957
03.06.2017
13 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
regional inequalities , fiscal decentralization , governance , reverse causality , panel data , simultaneous equations models , 区域不均 , 财政分权 , 治理 , 反向因果关係 , 面板数据 , 共时方程模型 , inégalités régionales , décentralisation budgétaire , gouvernance , causalité inversée , données de panel , modèles à équations simultanées , regionales ungleichgewicht , fiskale dezentralisierung , umgekehrte kausalität , paneldaten , simultane gleichungsmodelle , desigualdades regionales , descentralización fiscal , gobernanza , causalidad inversa , datos de panel , modelos de ecuaciones simultáneas , C33, D73, H71, H73
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