Carregant...
Tipus de document
Document de treballData de publicació
Llicència de publicació
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/116362
Does fiscal decentralization foster regional investment in productive infrastructure?
Títol de la revista
Director/Tutor
ISSN de la revista
Títol del volum
Recurs relacionat
Resum
The aim of this paper is to analyze the effect of revenue decentralization on the provision of infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the level of sub-national infrastructure investment in 20 European countries over the period 1990-2009. The results are interpreted in light of the predictions of the theory on fiscal federalism. We find that it is sub-national infrastructure investment that increases after revenue decentralization and not investment in redistribution. However, the effect of revenue decentralization is lower the higher the use of earmarked grants to fund infrastructure investment.
Matèries (anglès)
Citació
Citació
KAPPELER, Andreas, SOLÉ OLLÉ, Albert, STEPHAN, Andreas, VÄLILÄ, Timo. Does fiscal decentralization foster regional investment in productive infrastructure?. _IEB Working Paper 2012/32_. [consulta: 22 de gener de 2026]. [Disponible a: https://hdl.handle.net/2445/116362]