2018
DOI: 10.1080/00343404.2018.1494382
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Decentralization and economic growth in Europe: for whom the bell tolls

Abstract: In order eq. ( 1) shows a positive maximum in the interval ∈ 0,1 , the following restrictions on parameters must old:and this second condition is always satisfied for 0.In order eq. ( 2) shows a positive maximum in the interval ∈ 0,1 , the following restrictions on parameters must hold:and Passing to study the function described by eq. ( 3), it has two points of maximum: and ≡ , .In order the function described by eq. ( 3) may be approximated by a 2nd-order function in the interval ∈ 0,1 , the following restri… Show more

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Cited by 31 publications
(30 citation statements)
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“…Indeed, taken together, the overall levels of sub-national governance autonomy in the UK are below Romania and Ukraine and akin to countries such as Moldova or Albania (OECD, 2019c). In contrast, the evidence suggests that beyond a decentralisation threshold of close to 50 per cent of public investments, national economic growth is positively related to further decentralisation (Carniti et al, 2019), and these are the types of sub-national revenuegeneration and expenditure shares which are typical of the UK's main comparator and competitor countries. As such, the hyper-centralised UK would therefore appear to be at a serious structural disadvantage also in term of generating higher returns from public investments.…”
Section: Discussionmentioning
confidence: 88%
“…Indeed, taken together, the overall levels of sub-national governance autonomy in the UK are below Romania and Ukraine and akin to countries such as Moldova or Albania (OECD, 2019c). In contrast, the evidence suggests that beyond a decentralisation threshold of close to 50 per cent of public investments, national economic growth is positively related to further decentralisation (Carniti et al, 2019), and these are the types of sub-national revenuegeneration and expenditure shares which are typical of the UK's main comparator and competitor countries. As such, the hyper-centralised UK would therefore appear to be at a serious structural disadvantage also in term of generating higher returns from public investments.…”
Section: Discussionmentioning
confidence: 88%
“…What might explain the difference in impact between developing and developed countries? While this question goes beyond the scope of this paper, one hypothesis that has been advanced in previous literature is the potential nonlinear relationship between fiscal decentralization and economic growth (Thiessen, 2003;Carniti et al, 2018). Drawing on this literature, it is expected that more developed countries (OECD) may present higher levels of fiscal decentralization and a stronger impact on economic growth, while low income countries may show weaker effects on economic growth.…”
Section: Heterogeneous Impact Of Fiscal Decentralizationmentioning
confidence: 93%
“…Here, the blended physical-tosocial separation has further blended with a very particular instance of political break-up, to creatively describe this person's likely impression that Brexit was as detrimental as the individual parting of ways. Some very recent studies similarly use the opening lines of the poem to discuss topics as diverse as economic growth (Carniti et al, 2019), access to justice (Font-Guzmán, 2019) and the COVID-19 pandemic (Mann, 2020).…”
Section: A Poetic Analysismentioning
confidence: 99%