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Analiza Relatiei Dintre Descentralizarea Fiscala Si Cresterea Economica In Romania

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Author Info

  • Nuta Alina Cristina

    (Danubius University Of Galati, Romania)

  • Nuta Florian Marcel

    (“Danubius” University Of Galati, Romania)

Abstract

The main objective of our paper is to analyze the fiscal decentralization and its general effects but also its implication regarding the economic growth. In this spirit we focused our efforts on studying the Romanian case study using a linear regression model. The actual research is the basis for detailing the assessment using more detailed indicators and introducing more variables for a more comprehensive explanation of the facts identified in the present paper. The analysis results demonstrate the direct link between the degree of fiscal decentralization in Romania and the GDP per capita, which can be interpreted as a positive aspect of the intense involvement presumed by administrative-territorial entities actions and activities that have led, in the analyzed period, to an improvement in the welfare of individuals in Romanian society.

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Bibliographic Info

Article provided by Constantin Brancusi University, Faculty of Economics in its journal Constatin Brancusi University of Targu Jiu Annals - Economy Series.

Volume (Year): 2 (2013)
Issue (Month): (April)
Pages: 204-209

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Handle: RePEc:cbu:jrnlec:y:2013:v:2:p:204-209

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Keywords: Fiscal decentralization; Economic growth; Romania;

References

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  1. Xie, Danyang & Zou, Heng-fu & Davoodi, Hamid, 1999. "Fiscal Decentralization and Economic Growth in the United States," Journal of Urban Economics, Elsevier, vol. 45(2), pages 228-239, March.
  2. Neyapti, Bilin, 2010. "Fiscal decentralization and deficits: International evidence," European Journal of Political Economy, Elsevier, Elsevier, vol. 26(2), pages 155-166, June.
  3. Gary Woller & Kerk Phillips, 1998. "Fiscal decentralisation and IDC economic growth: An empirical investigation," Journal of Development Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 34(4), pages 139-148.
  4. James M. Poterba, 1996. "Budget Institutions and Fiscal Policy in the U.S. States," NBER Working Papers 5449, National Bureau of Economic Research, Inc.
  5. Adam, Antonis & Delis, Manthos D & Kammas, Pantelis, 2012. "Fiscal decentralization and public sector efficiency: Evidence from OECD countries," MPRA Paper 36889, University Library of Munich, Germany.
  6. Jorge Martinez-Vazquez & Robert McNab, 2001. "Fiscal Decentralization and Economic Growth," International Center for Public Policy Working Paper Series, at AYSPS, GSU, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University paper0101, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
  7. de Mello, Luiz Jr, 2000. "Fiscal Decentralization and Intergovernmental Fiscal Relations: A Cross-Country Analysis," World Development, Elsevier, Elsevier, vol. 28(2), pages 365-380, February.
  8. Kyriacou, Andreas P. & Roca-Sagalés, Oriol, 2011. "Fiscal decentralization and government quality in the OECD," Economics Letters, Elsevier, Elsevier, vol. 111(3), pages 191-193, June.
  9. Hamid Davoodi & Heng-fu Zou, 1996. "Fiscal Decentralization and Economic Growth: A Cross-Country Study," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics 98, China Economics and Management Academy, Central University of Finance and Economics.
  10. James M. Poterba & Kim Rueben, 1999. "State Fiscal Institutions and the U.S. Municipal Bond Market," NBER Chapters, National Bureau of Economic Research, Inc, in: Fiscal Institutions and Fiscal Performance, pages 181-208 National Bureau of Economic Research, Inc.
  11. Tao Zhang & Heng-fu Zou, 2001. "Fiscal decentralization, public spending, and economic growth in China," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics 58, China Economics and Management Academy, Central University of Finance and Economics.
  12. Inman, Robert P. & Rubinfeld, Daniel L., 1996. "Designing tax policy in federalist economies: An overview," Journal of Public Economics, Elsevier, Elsevier, vol. 60(3), pages 307-334, June.
  13. Akai, Nobuo & Sakata, Masayo, 2002. "Fiscal decentralization contributes to economic growth: evidence from state-level cross-section data for the United States," Journal of Urban Economics, Elsevier, vol. 52(1), pages 93-108, July.
  14. Oates, Wallace E., 1993. "Fiscal Decentralization and Economic Development," National Tax Journal, National Tax Association, vol. 46(2), pages 237-43, June.
  15. Dobre Mihaela & Angelescu Coralia & Mosora Cosmin, 2010. "Labor Market Integration Of Higher Educationeconomic Graduates," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 196-201, July.
  16. Iimi, Atsushi, 2005. "Decentralization and economic growth revisited: an empirical note," Journal of Urban Economics, Elsevier, vol. 57(3), pages 449-461, May.
  17. Ulrich Thießen, 2003. "Fiscal Decentralisation and Economic Growth in High-Income OECD Countries," Fiscal Studies, Institute for Fiscal Studies, Institute for Fiscal Studies, vol. 24(3), pages 237-274, September.
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