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.
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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, 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.:
- Thornton, John, 2007. "Further evidence on revenue decentralization and inflation," Economics Letters, Elsevier, vol. 95(1), pages 140-145, April.
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- Neyapti, Bilin, 2004. "Fiscal decentralization, central bank independence and inflation: a panel investigation," Economics Letters, Elsevier, vol. 82(2), pages 227-230, February.
- 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, 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.
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