The relationship between decentralization and economic growth across regimes
Metadatos
Afficher la notice complèteAuteur
Aray Casanova, Henry AliEditorial
Springer
Date
2022-11-20Referencia bibliográfica
Aray, H., Pedauga, L. The relationship between decentralization and economic growth across regimes. Ann Reg Sci (2022). [https://doi.org/10.1007/s00168-022-01187-x]
Patrocinador
Universidad de Granada/CBUARésumé
Panel smooth transition regression (PSTR) is applied to obtain thresholds in certain
variables to classify the regions into regimes (high or low). Data for the regions of
Spain over the period 1986–2010 are used. In general, the results point to a positive
(negative) relationship between fiscal (administrative) decentralization and economic
growth in regions with low public infrastructure stock per efficient worker
and high human capital per worker. In addition, in regions with low (high) total factor
productivity, expenditure (revenue) decentralization is positively (negatively)
correlated with economic growth. The results are fairly robust to different specifications
and estimation methods.