Revenue decentralization and inflation: a re-evaluation
AbstractA problematic feature of the existing empirical literature on the relationship between revenue decentralization (RD) and inflation is the use of inaccurate measures for RD. Using a newly constructed measure for RD that accounts for over-time changes in sub-national tax autonomy, this paper finds that RD leads to lower inflation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36911.
Date of creation: 2011
Date of revision:
Fiscal decentralization; Inflation; Sub-national tax autonomy;
Other versions of this item:
- Baskaran, Thushyanthan, 2012. "Revenue decentralization and inflation: A re-evaluation," Economics Letters, Elsevier, Elsevier, vol. 116(3), pages 298-300.
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- H29 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other
- H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-08 (All new papers)
- NEP-MAC-2012-03-08 (Macroeconomics)
- NEP-PBE-2012-03-08 (Public Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Neyapti, Bilin, 2004. "Fiscal decentralization, central bank independence and inflation: a panel investigation," Economics Letters, Elsevier, Elsevier, vol. 82(2), pages 227-230, February.
- Thornton, John, 2007. "Further evidence on revenue decentralization and inflation," Economics Letters, Elsevier, Elsevier, vol. 95(1), pages 140-145, April.
- Levy-Yeyati, Eduardo & Sturzenegger, Federico, 2005. "Classifying exchange rate regimes: Deeds vs. words," European Economic Review, Elsevier, Elsevier, vol. 49(6), pages 1603-1635, August.
- King, David & Ma, Yue, 2001. "Fiscal decentralization, central bank independence, and inflation," Economics Letters, Elsevier, Elsevier, vol. 72(1), pages 95-98, July.
- Dan Stegarescu, 2005. "Public sector decentralisation: measurement concepts and recent international trends," Fiscal Studies, Institute for Fiscal Studies, vol. 26(3), pages 301-333, September.
- Cukierman, Alex & Webb, Steven B & Neyapti, Bilin, 1992. "Measuring the Independence of Central Banks and Its Effect on Policy Outcomes," World Bank Economic Review, World Bank Group, World Bank Group, vol. 6(3), pages 353-98, September.
- Oto-PeralÃas, Daniel & Romero-Ãvila, Diego & Usabiaga, Carlos, 2013. "Does fiscal decentralization mitigate the adverse effects of corruption on public deficits?," European Journal of Political Economy, Elsevier, vol. 32(C), pages 205-231.
- Zohal Hessami & Silke Uebelmesser, 2012.
"Empirical Determinants of In-kind Redistribution: Partisan Biases and the Role of Inflation,"
Working Paper Series of the Department of Economics, University of Konstanz
2012-20, Department of Economics, University of Konstanz.
- Hessami, Zohal & Uebelmesser, Silke, 2013. "Empirical determinants of in-kind redistribution: Partisan biases and the role of inflation," Economics Letters, Elsevier, Elsevier, vol. 118(2), pages 318-320.
- Hessami, Zohal & Silke, Uebelmesser, 2012. "Empirical determinants of in-kind redistribution: Partisan biases and the role of inflation," MPRA Paper 38494, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.