The economic effects of federalism and decentralization: a cross-country assessment
This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and dece...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Munich
CESifo
2009
|
| Series: | CESifo working papers
2766 : Category 2, Public choice |
| Subjects: | |
| Online Access: | Volltext Volltext |
| Summary: | This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1) fiscal policy, (2) government effectiveness, (3) economic productivity, and (4) happiness. The results show that institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This study adds to our knowledge on the transmission mechanisms of federalism and decentralization. -- federalism ; decentralization ; fiscal federalism ; economic effects of constitutions ; constitutional economics |
| Physical Description: | 29 S. |
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| indexdate | 2024-07-09T22:05:15Z |
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| language | English |
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| spelling | Voigt, Stefan 1962- Verfasser (DE-588)120308665 aut The economic effects of federalism and decentralization a cross-country assessment Stefan Voigt ; Lorenz Blume Munich CESifo 2009 29 S. txt rdacontent n rdamedia nc rdacarrier CESifo working papers 2766 : Category 2, Public choice This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1) fiscal policy, (2) government effectiveness, (3) economic productivity, and (4) happiness. The results show that institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This study adds to our knowledge on the transmission mechanisms of federalism and decentralization. -- federalism ; decentralization ; fiscal federalism ; economic effects of constitutions ; constitutional economics Dezentralisation (DE-588)4012005-3 gnd rswk-swf Wirtschaft (DE-588)4066399-1 gnd rswk-swf Wirtschaft (DE-588)4066399-1 s Dezentralisation (DE-588)4012005-3 s DE-604 Blume, Lorenz 1971- Verfasser (DE-588)11429805X aut Erscheint auch als Online-Ausgabe CESifo working papers 2766 : Category 2, Public choice (DE-604)BV013978326 2766 application/pdf http://www.cesifo-group.de/DocCIDL/cesifo1_wp2766.pdf Verlag kostenfrei Volltext https://www.cesifo.org/en/publikationen/2009/working-paper/economic-effects-federalism-and-decentralization-cross-country Verlag kostenfrei Volltext |
| spellingShingle | Voigt, Stefan 1962- Blume, Lorenz 1971- The economic effects of federalism and decentralization a cross-country assessment CESifo working papers Dezentralisation (DE-588)4012005-3 gnd Wirtschaft (DE-588)4066399-1 gnd |
| subject_GND | (DE-588)4012005-3 (DE-588)4066399-1 |
| title | The economic effects of federalism and decentralization a cross-country assessment |
| title_auth | The economic effects of federalism and decentralization a cross-country assessment |
| title_exact_search | The economic effects of federalism and decentralization a cross-country assessment |
| title_full | The economic effects of federalism and decentralization a cross-country assessment Stefan Voigt ; Lorenz Blume |
| title_fullStr | The economic effects of federalism and decentralization a cross-country assessment Stefan Voigt ; Lorenz Blume |
| title_full_unstemmed | The economic effects of federalism and decentralization a cross-country assessment Stefan Voigt ; Lorenz Blume |
| title_short | The economic effects of federalism and decentralization |
| title_sort | the economic effects of federalism and decentralization a cross country assessment |
| title_sub | a cross-country assessment |
| topic | Dezentralisation (DE-588)4012005-3 gnd Wirtschaft (DE-588)4066399-1 gnd |
| topic_facet | Dezentralisation Wirtschaft |
| url | http://www.cesifo-group.de/DocCIDL/cesifo1_wp2766.pdf https://www.cesifo.org/en/publikationen/2009/working-paper/economic-effects-federalism-and-decentralization-cross-country |
| volume_link | (DE-604)BV013978326 |
| work_keys_str_mv | AT voigtstefan theeconomiceffectsoffederalismanddecentralizationacrosscountryassessment AT blumelorenz theeconomiceffectsoffederalismanddecentralizationacrosscountryassessment |