Determinants of Fiscal Decentralization – the Recent Evidence in European Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F18%3A43898236" target="_blank" >RIV/60076658:12510/18:43898236 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Determinants of Fiscal Decentralization – the Recent Evidence in European Countries

Popis výsledku v původním jazyce

The article deals with the issue of government expenditure decentralization in European countries. The aim of the article is to empirically verify the theoretical determinants of government expenditure decentralization. The analysis is based on the data panel of 31 European countries covering the period of 1995 to 2016. Upon these data the random effects panel regression model is built and estimated. The esti-mated equations provide support for the hypotheses that the countries with larger land area, population size and level of economic development tend to decentralize more government expenditure, whereas the higher urbanization supports more centraliza-tion. The heterogeneity of preferences measured by ethnical, language and religion fractionalization proved to be the significant factor of expenditure decentralization. From the institutional determinants, the voice and accountability, the government ef-ficiency and the political stability were the most significant determinants of expendi-ture decentralization. Finally, the federated countries and countries with socialist or German legal origin are more decentralized, while the English legal origin countries are more centralized.

Název v anglickém jazyce

Determinants of Fiscal Decentralization – the Recent Evidence in European Countries

Popis výsledku anglicky

The article deals with the issue of government expenditure decentralization in European countries. The aim of the article is to empirically verify the theoretical determinants of government expenditure decentralization. The analysis is based on the data panel of 31 European countries covering the period of 1995 to 2016. Upon these data the random effects panel regression model is built and estimated. The esti-mated equations provide support for the hypotheses that the countries with larger land area, population size and level of economic development tend to decentralize more government expenditure, whereas the higher urbanization supports more centraliza-tion. The heterogeneity of preferences measured by ethnical, language and religion fractionalization proved to be the significant factor of expenditure decentralization. From the institutional determinants, the voice and accountability, the government ef-ficiency and the political stability were the most significant determinants of expendi-ture decentralization. Finally, the federated countries and countries with socialist or German legal origin are more decentralized, while the English legal origin countries are more centralized.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Theoretical and Practical Aspects of Public Finance 2018

ISBN

978-80-245-2283-8

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

9

Strana od-do

58-66

Název nakladatele

Oeconomica

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

13. 4. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000456200200008