Fiscal Decentralization and Economic Growth in the United States

Xie, Danyang; Zou, Heng-Fu; Davoodi, Hamid

doi:10.1006/juec.1998.2095

Cited by 283 publications

(244 citation statements)

References 16 publications

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“…While increased government expenditures will initially enhance economic growth and increase savings, this impact will gradually taper off and eventually reverse. Since the 1990s, many studies have explored how government spending affects the nature of economic growth [33][34][35][36].…”

Section: Literature Reviewmentioning

confidence: 99%

Input-Output Analysis for Sustainability by Using DEA Method: A Comparison Study between European and Asian Countries

et al. 2016

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Policymakers around the world are confronted with the challenge of balancing between economic development and environmental friendliness, which entails a robust set of measures in energy efficiency and environmental protection. The increasing complexity of these issues has imposed pressure on the Asian countries that have been acting as global factories. This paper proposes a meta-frontier slacks-based measure (SBM) data envelopment analysis (DEA) model, with the hope that policymakers clarify the relationship between labor force, energy consumption, government expenditures, GDP, and CO 2 emissions. Clarification of the causal relationship can serve as a template for policy decisions and ease concerns regarding the potential adverse effects of carbon reduction and energy efficiency on the economy. The results show: (1) Developing countries should establish their own climate change governance and policy frameworks; (2) Developed economies should seek to lower carbon emissions; (3) Energy policies play a pivotal role in energy efficiency improvement; (4) Top-down efforts are critical for the success of carbon reduction policies; (5) Learning from the success of developed countries helps to improve the effectiveness of energy policies; (6) Environmental policies should be formulated, and new production technologies, pollution prevention measures, and treatment methods should be introduced; (7) Governments are suggested to build long-term independent management institutions to promote energy cooperation and exchange.

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Section: Literature Reviewmentioning

confidence: 99%

Input-Output Analysis for Sustainability by Using DEA Method: A Comparison Study between European and Asian Countries

et al. 2016

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“…However, governments might pursue objectives in addition to economic growth, such as welfare maximization, provision of public goods and redistribution (Xie et al, 1999). With respect to the distribution of public expenditures, this is a highly important issue for social cohesion, sustainable development and as an indicator of the rational distribution of welfare.…”

Section: Introductionmentioning

confidence: 99%

Convergence in public expenditures across EU countries: evidence from club convergence

Apergis

Christou

Hassapis

2013

Economics & Finance Research

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The goal of the present article is to investigate the degree of convergence in public expenditures for a panel of 17 European Union member countries spanning the period 1990 to 2012. We apply the methodology of Phillips and Sul (2007) to various categories of public expenditures to assess the existence of convergence clubs. Overall, the results do not support the hypothesis that all countries converge to a single equilibrium state in various public expenditures. Terms of use: Documents in EconStor may

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“…Important contributions in this regard include Davoodi and Zou (1998); Rodden et al (2003); McNab (2003, 2006); Thornton (2007); Neyapti (2010); Rodríguez-Pose and Ezcurra (2011); Gemmell et al (2013); Blöchliger (2013). Country-specific studies include Yifu Lin and Liu (2000) on China, Xie et al (1999) for the United States, and Samimi et al (2010) for Iran. Lastly, the ways in which fiscal decentralization affects poverty, inequality, and wealth redistribution has also received considerable attention.…”

Section: Review Of the Literature And Theoretical Foundationsmentioning

confidence: 99%

The Impact of Fiscal Decentralization on Accountability, Economic Freedom, and Political and Civil Liberties in the Americas

Bojanic

2018

Economies

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This paper analyzes the impact of fiscal decentralization on accountability, economic freedom, and political and civil liberties in the Americas. The findings indicate that decentralization initially hampers but eventually enhances accountability and political and civil liberties, in line with the hypothesized positive correlation between greater fiscal autonomy and a more inclusive, participatory government. The impact of fiscal decentralization on economic freedom, however, runs counter to expectations. Decentralization seems to initially bolster freedom, but it eventually constrains it, proving that greater accountability and political and civil liberties do not necessarily lead to greater economic freedom. When Canada and the US are excluded and the analysis is done with developing American nations only, the behavioral pattern regarding how fiscal decentralization affects the principal variables intensifies, noting that in developing countries the impact of fiscal decentralization is likely to be more consequential.

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Fiscal Decentralization and Economic Growth in the United States

Cited by 283 publications

References 16 publications

Input-Output Analysis for Sustainability by Using DEA Method: A Comparison Study between European and Asian Countries

Input-Output Analysis for Sustainability by Using DEA Method: A Comparison Study between European and Asian Countries

Convergence in public expenditures across EU countries: evidence from club convergence

The Impact of Fiscal Decentralization on Accountability, Economic Freedom, and Political and Civil Liberties in the Americas

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