Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Fiscal decentralization and economic complexity. |
| Συγγραφείς: |
Doan, Nguyen1 (AUTHOR) nguyen.doan@ueh.edu.vn |
| Πηγή: |
Economics of Governance. 9/7/2026, Vol. 27 Issue 1, p1-31. 31p. |
| Θεματικοί όροι: |
*Resource allocation, *Marginal productivity, *Diversification in industry, *Economic development, *Sustainable development, Decentralization in government, Panel analysis |
| Περίληψη: |
This study explores the impact of fiscal decentralization on economic complexity. Economic complexity can be considered a conceptual measure of productivity levels as it represents the capacity to produce and export a diverse range of sophisticated products. I postulate that fiscal decentralization is a mechanism for efficiently allocating resources that foster productive capabilities. Using panel data for up to 74 countries from 1995 to 2020, I document a positive impact of fiscal decentralization on economic complexity. However, the impact varies across levels of economic and institutional development and tends to diminish at higher levels of decentralization. The findings strengthen calls for pro-decentralization reforms, implemented over several decades, and underscore the need for policies that support long-term effectiveness and sustainable development. [ABSTRACT FROM AUTHOR] |
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| Βάση Δεδομένων: |
Business Source Index |