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FISCAL DECENTRALIZATION AND THE BUSINESS CYCLE: AN EMPIRICAL STUDY OF SEVEN FEDERATIONS
FISCAL DECENTRALIZATION THE BUSINESS CYCLE
2015/6/8
We examine the cyclicality of budget
items among provincial governments in seven federations, showing that
own-source taxes are generally highly procyclical, and contrary to
common wisdom, revenue ...
The international integration of markets and the decentralization of authority within nation states are two
defining trends of the contemporary era. A popular speculation is that globalization has c...
Never Waste A Good Crisis? Growth and Decentralization in the Great Recession
Business Strategy Financial Crisis
2015/4/28
We argue that decentralization is particularly beneficial to firm performance in “bad times.” We present a model where bad times increase the importance of rapid action, and improve the alignment of i...
Maintaining taxes at the centre despite decentralization: interactions with national reforms
Maintaining taxes centre despite decentralization interactions with national reforms
2014/6/24
Although fiscal (de)centralization literature explains easily the centralization of taxes on the basis of a superior tax administration capacity, it finds more difficult to argue why in federal and de...
Fiscal Decentralization and
Local Public Good Provision in China
XIN-QIAO PING & JIE BAI
China Center for Economic Research (CCER)
Peking University, Beijing100871
E-Mail: xqping@ccer.pku.edu.cn
...
During the last two decades, fiscal decentralization has been a critical component of economic reform in China. The decentralization includes sires of fiscal arrangements, which not only involved the ...