登入選單
返回Google圖書搜尋
The Economic Effects of Federalism and Decentralization
Stefan VoigtLorenz Blume
其他書名
A Cross-country Assessment
出版Univ., Center for Economic Studies, 2009
URLhttp://books.google.com.hk/books?id=fjNTAQAACAAJ&hl=&source=gbs_api
註釋This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1) fiscal policy, (2) government effectiveness, (3) economic productivity, and (4) happiness. The results show that institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This study adds to our knowledge on the transmission mechanisms of federalism and decentralization. -- federalism ; decentralization ; fiscal federalism ; economic effects of constitutions ; constitutional economics.