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Fiscal Decentralization: Is It a Good Choice for the Small New Member States of the EU?

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  • Stoilova Desislava
  • Patonov Nikolay

    (Faculty of Economics South-West University “Neofit Rilski” Blagoevgrad, Bulgaria)

Abstract

The main purpose of this paper is to analyze the impact of fiscal decentralization on economic growth in six small new member state of the European Union, namely Cyprus, Malta, Slovenia, and the Baltic states - Estonia, Latvia and Lithuania for the period 2000-2010. The empirical analysis is based on the multiple regression method.

Suggested Citation

  • Stoilova Desislava & Patonov Nikolay, 2012. "Fiscal Decentralization: Is It a Good Choice for the Small New Member States of the EU?," Scientific Annals of Economics and Business, Sciendo, vol. 59(1), pages 125-137, July.
    • Handle: RePEc:vrs:aicuec:v:59:y:2012:i:1:p:125-137:n:9
    DOI: 10.2478/v10316-012-0009-6
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    References listed on IDEAS

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    1. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    2. Shahnawaz Malik & Mahmood-ul-Hassan & Shahzad Hussain, 2006. "Fiscal Decentralisation and Economic Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(4), pages 845-854.
    3. Ulrich Thiessen, 2001. "Fiscal Decentralisation & Economic Growth in High-Income OECD Countries," Economics Working Papers 001, European Network of Economic Policy Research Institutes.
    4. Ahmad Jafari Samimi & Saeed Karimi Petanlar & Gholamreza Keshavarz Haddad & Mohammad Alizadeh, 2010. "Fiscal Decentralization and Economic Growth: A Nonlinear Model for Provinces of Iran," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 15(2), pages 125-133, spring.
    5. 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.
    6. Ulrich Thießen, 2003. "Fiscal Decentralisation and Economic Growth in High-Income OECD Countries," Fiscal Studies, Institute for Fiscal Studies, vol. 24(3), pages 237-274, September.
    7. Zhang, Tao & Zou, Heng-fu, 1998. "Fiscal decentralization, public spending, and economic growth in China," Journal of Public Economics, Elsevier, vol. 67(2), pages 221-240, February.
    8. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64(5), pages 416-416.
    9. Wallace E. Oates, 2006. "On the Theory and Practice of Fiscal Decentralization," Working Papers 2006-05, University of Kentucky, Institute for Federalism and Intergovernmental Relations.
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    Cited by:

    1. Bo Wang & Wanrong Deng, 2023. "Fiscal Decentralization and County Natural Poverty: A Multidimensional Study Based on a BP Neural Network," Sustainability, MDPI, vol. 15(18), pages 1-27, September.
    2. Ivan Todorov, 2014. "Exchange-Rate Regimes on the Path to Euro," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 116-147.
    3. Ivan Todorov, 2016. "Currency Integration of the New EU Member Countries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 82-117.
    4. Todorov Ivan Krumov, 2014. "Macroeconomic Trends in the New Member Countries of the European Union Before the Euro Area Debt Crisis," Scientific Annals of Economics and Business, Sciendo, vol. 61(2), pages 197-217, December.

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