Fiscal Decentralization and Public Spending: Evidence from Heteroscedasticity-Based Identification

Herwartz Helmut () and Bernd Theilen ()
Additional contact information
Herwartz Helmut: Department of Economics, Georg-August-University, Göttingen, Germany

The B.E. Journal of Economic Analysis & Policy, 2017, vol. 17, issue 2, 8

Abstract: We analyse the instantaneous relation between public spending and expenditure decentralization by means of a novel identification scheme suggested in Lewbel (2012). Our cointegration, error-correction approach indicates that expenditure decentralization impacts negatively on total public spending and most of its subcategories.

Keywords: Fiscal decentralization; public spending; government ideology; endogeneity; heteroscedasticity-based identification (search for similar items in EconPapers)
JEL-codes: H41 H50 H72 H77 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/bejeap-2016-0339 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:bejeap:v:17:y:2017:i:2:p:8:n:7

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/bejeap/html

DOI: 10.1515/bejeap-2016-0339

Access Statistics for this article

The B.E. Journal of Economic Analysis & Policy is currently edited by Hendrik Jürges and Sandra Ludwig

More articles in The B.E. Journal of Economic Analysis & Policy from De Gruyter
Bibliographic data for series maintained by Peter Golla ().