Does Fiscal Decentralization Result in a Better Business Climate?
Previous literature generally finds that greater fiscal decentralization is associated with faster economic growth, improved government performance and stronger constraints on the Leviathan behaviour of governments. Because economic growth critically depends on the presence of good government polici...
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okr-10986-133532021-04-23T14:03:08Z Does Fiscal Decentralization Result in a Better Business Climate? Sobel, Russell S. Dutta, Nabamita Roy, Sanjukta decentralization fiscal federalism business climate growth Previous literature generally finds that greater fiscal decentralization is associated with faster economic growth, improved government performance and stronger constraints on the Leviathan behaviour of governments. Because economic growth critically depends on the presence of good government policies and institutions, the likely but untested link between these strands of literature is that greater decentralization probably improves growth because it results in government policies more conducive to entrepreneurship and business success. We test (and confirm) this hypothesis using several business climate measures for the US states. 2013-05-09T19:31:31Z 2013-05-09T19:31:31Z 2012-04-30 Journal Article Applied Economics Letters 1350-4851 http://hdl.handle.net/10986/13353 en_US Applied Economics Letters;20(1) http://creativecommons.org/licenses/by-nc-nd/3.0/igo CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Taylor and Francis Journal Article |
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World Bank Open Knowledge Repository |
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en_US |
topic |
decentralization fiscal federalism business climate growth |
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decentralization fiscal federalism business climate growth Sobel, Russell S. Dutta, Nabamita Roy, Sanjukta Does Fiscal Decentralization Result in a Better Business Climate? |
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Applied Economics Letters;20(1) |
description |
Previous literature generally finds that greater fiscal decentralization is associated with faster economic growth, improved government performance and stronger constraints on the Leviathan behaviour of governments. Because economic growth critically depends on the presence of good government policies and institutions, the likely but untested link between these strands of literature is that greater decentralization probably improves growth because it results in government policies more conducive to entrepreneurship and business success. We test (and confirm) this hypothesis using several business climate measures for the US states. |
format |
Journal Article |
author |
Sobel, Russell S. Dutta, Nabamita Roy, Sanjukta |
author_facet |
Sobel, Russell S. Dutta, Nabamita Roy, Sanjukta |
author_sort |
Sobel, Russell S. |
title |
Does Fiscal Decentralization Result in a Better Business Climate? |
title_short |
Does Fiscal Decentralization Result in a Better Business Climate? |
title_full |
Does Fiscal Decentralization Result in a Better Business Climate? |
title_fullStr |
Does Fiscal Decentralization Result in a Better Business Climate? |
title_full_unstemmed |
Does Fiscal Decentralization Result in a Better Business Climate? |
title_sort |
does fiscal decentralization result in a better business climate? |
publisher |
Taylor and Francis |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/13353 |
_version_ |
1764423278869348352 |