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Fiscal decentralization and institutional quality on the business environment

Monica Escaleras and Eric Chiang ()

Economics Letters, 2017, vol. 159, issue C, 161-163

Abstract: Using country panel data from 2004 to 2012, we empirically analyze the effect of fiscal decentralization on the likelihood of business-friendly environments. Our results show that fiscal decentralization improves the business environment and the effect is strongest among lower-income countries.

Keywords: Decentralization; Entrepreneurship; Business environment (search for similar items in EconPapers)
JEL-codes: H70 L26 P48 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:eee:ecolet:v:159:y:2017:i:c:p:161-163