Fiscal decentralization and economic growth: evidence from Brazilian states

Q3 Economics, Econometrics and Finance

Public Sector Economics Pub Date : 2023-06-12 DOI:10.3326/pse.47.2.5

Pedro Jorge Holanda Figueiredo Alves, Jevuks Matheus Araujo, Ana Karolina Acris Melo

引用次数: 1

Abstract

This paper investigates the relationship between fiscal decentralization and economic growth in Brazilian states from 1996 to 2015. Using five decentralization measures and the GMM-System model to address the endogeneity problem, we have identified a positive relationship between the indicators of fiscal decentralization and economic growth and observed that the industry and service sectors are the most affected by this decentralization. Our results suggest that local governments with more autonomy make states more efficient, thus increasing economic growth.

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财政分权与经济增长:来自巴西各州的证据

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来源期刊

Public Sector Economics Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

1.10

自引率

0.00%

发文量

审稿时长

15 weeks

期刊介绍： Public Sector Economics is double blind peer-reviewed scientific journal published by the Institute of Public Finance, which seeks theoretical, empirical and policy-oriented contributions analysing the role and functioning of the public sector at macroeconomic, sectoral and microeconomic levels, in both advanced and emerging market economies. We also aim to provide a professional forum for the discussion of contemporary public policy issues and actively seek survey articles, appraisals of current policy debates, shorter notes and book reviews.