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Full-Text Articles in Social and Behavioral Sciences
Further Evidence On Revenue Decentralization And Inflation, John Thornton
Further Evidence On Revenue Decentralization And Inflation, John Thornton
John Thornton
Results from a panel regression study of 19 OECD member countries suggest that when the measure of revenue decentralization is limited to the revenues over which sub-national governments have full autonomy, its impact on inflation is not statistically significant.
Fiscal Decentralization And Economic Growth Reconsidered, John Thornton
Fiscal Decentralization And Economic Growth Reconsidered, John Thornton
John Thornton
Recent studies examining the relation between fiscal decentralization and economic growth have failed to take account of the extent of the independent taxing powers available to sub-national governments and thus have substantially overstated the degree of effective decentralization. Results from a cross section study of 19 OECD member countries suggest that when the measure of fiscal decentralization is limited to the revenues over which sub-national governments have full autonomy, its impact on economic growth is not statistically significant.