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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...
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
...