Fiscal Federalism and Economic Growth
By Jan K. Brueckner. Social Science Research Network, 2006
217 citations recorded by the source corpus.
This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live in different jurisdictions, increases the incentive to save. This stronger incentive in turn leads to an increase in investment in human capital, and a byproduct of this higher investment is faster economic growth.
Subfields: Economics and Econometrics, Political Science and International Relations
View Paper: https://www.semanticscholar.org/paper/0d7573b19a9386491e86ecc34e07980ca8e72f47
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- I. Sanz
- R. Kneller
- N. Gemmell
- Ben Lockwood
- Marko Koethenbuerger
- Niklas Potrafke
- Barry R. Weingast
- Joel Stiebale
In Political Science and International Relations
- Ben Lockwood
- I. Sanz
- N. Gemmell
- Marko Koethenbuerger
- R. Kneller
- Niklas Potrafke
- Barry R. Weingast
- Robin Boadway
Citations in the corpus
- The Impact of Local Decentralization on Economic Growth: Evidence from U.S. Counties (2011, unknown): “For instance, we find that special-purpose governments have a significant impact on population and employment growth, but not on income growth.”
- Does Tax Competition Really Promote Growth? (2010, background): “Second, Brueckner (2006) shows that centralization, if it imposes uniform public good provision across regions, can lower the rate of savings and thus growth, although this mechanism appears to require di¤erence in the mix of young and old across scal jurisdictions.”
- The Impact of Fiscal Decentralization: A Survey (2015, unknown): “Theoretically, fiscal autonomy is associated with higher output per unit of labor and higher growth rates (Brueckner, 2006).”
- FISCAL DECENTRALIZATION AND ECONOMIC GROWTH: SPENDING VERSUS REVENUE DECENTRALIZATION (2013, background): “…may lead local governments to engage in a “race to the bottom” on the taxation of mobile factors, hence under-providing productive public expenditure (Brueckner 2004), or increase corruption because officials at the local level are more susceptible to the demands of local interest groups…”