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 ASOS INDEKS
  Citation Number 1
 Views 11
Fiscal decentralization and regional economic growth: Theory, empirics, and the Russian experience
2015
Journal:  
PhytoKeys
Author:  
Abstract:

The article addresses the theoretical and empirical relation between fiscal decentralization and economic growth. An empirical analysis of Russian regions for 2005–2012 shows that excessive expenditure decentralization within the region, which is not accompanied by the respective level of revenue decentralization, is significantly and negatively related to regional economic growth. In contrast, regional dependence on intergovernmental fiscal transfers from the federal center is positively associated with economic growth.

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