EconPapers    
Economics at your fingertips  
 

DECENTRALIZATION OF PUBLIC SPENDING AND ECONOMIC GROWTH: AN EMPIRICAL STUDY ON THE EUROPEAN UNION

Nikolay Patonov

Medzinarodne vztahy (Journal of International Relations), 2013, vol. 11, issue 4, 5-15

Abstract: The goal of this paper is to analyze the impact of fiscal decentralization on the economic growth in the European Union. The emphasis has been put on the public spending carried out at a local level. The empirical investigation is based on regression analysis. The regression model includes the GDP growth rate as a dependent variable and fiscal decentralization indicators as independent variables. The results support the conventional understanding among scientists and politicians for a positive impact of spending decentralization on the economic growth.

Keywords: fiscal decentralization; local expenditures; local revenue; economic growth (search for similar items in EconPapers)
JEL-codes: C33 H71 O40 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
https://fmv.euba.sk/RePEc/brv/journl/MV2013-4.pdf (application/pdf)

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:brv:journl:v:11:y:2013:i:4:p:5-15

Access Statistics for this article

More articles in Medzinarodne vztahy (Journal of International Relations) from Ekonomická univerzita, Fakulta medzinárodných vzťahov Contact information at EDIRC.
Bibliographic data for series maintained by Mykhaylo Kunychka ().

 
Page updated 2021-02-09
Handle: RePEc:brv:journl:v:11:y:2013:i:4:p:5-15