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|Title:||Fiscal Decentralization and Government Size: Evidence from a Panel of European Countries||Authors:||Makreshanska mladenovska, Suzana
|Keywords:||Fiscal decentralisation, government size, Leviathan hypothesis, common-pool hypothesis, GMM||Issue Date:||2019||Publisher:||Instituto de Estudios Fiscales||Source:||Makreshanska Mladenovska, S., and Petrevski. G., (2019) “Fiscal Decentralisation and Government Size: Evidence from a Panel of European Countries” Hacienda Pública Española / Review of Public Economics, 229 (2/2019), pp. 33-58||Journal:||Hacienda Pública Española / Review of Public Economics||Abstract:||This paper provides empirical evidence on the association between fiscal decentralisation and govern-ment size on a sample of 28 European countries during 1990-2016. The main findings from our study are as follows: first, expenditure decentralisation is associated with smaller government size; second, revenue decentralisation has negative effect on government size only in the sub-sample of Central and Eastern European countries; third, we cannot provide empirical support to the common-pool hypoth-esis, implying that it is expenditure decentralisation that matters for the size of general government notwithstanding how sub-national governments finance their expenditure.||URI:||http://hdl.handle.net/20.500.12188/6805||DOI:||10.7866/HPE-RPE.19.2.2|
|Appears in Collections:||Faculty of Economics 03: Journal Articles / Статии во научни списанија|
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