Article

Decentralization and macroeconomic performance

Details

Citation

King DN & Ma Y (2000) Decentralization and macroeconomic performance. Applied Economics Letters, 7 (1), pp. 11-14. http://www.scopus.com/inward/record.url?partnerID=yv4JPVwI&eid=2-s2.0-0040354379&md5=083a8e1859be37c1f5f5e4e186e09d32; https://doi.org/10.1080/135048500352013

Abstract
The paper examines the relationship between some key measures of macroeconomic performance and fiscal decentralization in OECD countries, and the impact on this relationship of increased policy co-ordination among countries since 1985. It is shown that prior to 1985 there was a significant relationship between decentralization and macroeconomic performance on all of these measures, with decentralized performing better. By 1996, however, the relationships had all ceased to be significant. This suggests that, as a result of harmonization, the tendency for decentralized economies to have more effective economic policies has weakened.

Journal
Applied Economics Letters: Volume 7, Issue 1

StatusPublished
Publication date31/01/2000
PublisherTaylor & Francis (Routledge)
Publisher URLhttp://www.scopus.com/…f5f5e4e186e09d32
ISSN1350-4851

People (1)

People

Professor David King
Professor David King

Emeritus Professor, Economics