Fiscal Decentralization and Economic Development
Empirical tests of several hypotheses are performed for 64 selected countries. The results of the analyses indicate that the degree of fiscal decentralization in both developed and developing countries is greatly dependent on the ratio of intergovernmental transfer payment, form of government (federal versus nonfederal), level of per capita income, and the degree of urbanization. In a sample of developing countries only, however, the government form as an explanatory variable loses its statistical significance. and the degree of openness of the economy emerges as an important explanatory variable. Although decentralization and centralization of public finances are analyzed here only in aggregate, the knowledge of their determinants may be useful in finding the limits to which decentralization of fiscal programs can be carried out.
Volume (Year): 5 (1977)
Issue (Month): 1 (January)
|Contact details of provider:|
When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:5:y:1977:i:1:p:79-97. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.