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Fiscal Federalism and Macroeconomic Performance: A Survey of Recent Research

  • In this paper, we offer both a broad survey of the literature on fiscal federalism and long-run economic performance, and a detailed report of some of our own recent studies in this field. We look at the difference between study types (cross-country versus single-country studies), and at the relevance of the broader institutional framework into which fiscal decentralization is embedded. We also look into structural change and intergovernmental transfers as a detailed mechanism through which federalism may have an impact on aggregate economic performance.It turns out that fiscal decentralization has no robust effect on growth, but the evidence hints at a positive effect on overall productivity, conditional on the broader institutional framework.

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Metadaten
Author: Lars P. Feld, Jan SchnellenbachORCiD
DOI:https://doi.org/10.1068/c1054r
ISSN:1472-3425
Title of the source (English):Environment and Planning – Government and Policy
Document Type:Scientific journal article peer-reviewed
Language:English
Year of publication:2011
Tag:economic performance; fiscal decentralization; fiscal federalism; growth
Volume/Year:29
Issue number:2
First Page:224
Last Page:243
Faculty/Chair:Fakultät 5 Wirtschaft, Recht und Gesellschaft / FG VWL, insbesondere Mikroökonomik
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