Fiscal decentralization and fiscal consolidations in emerging market economies
Authors:
- 16 July 2010
- journal article
- research article
- Published by Taylor & Francis in Applied Economics Letters
- Vol. 17 (11) , 1043-1047
Abstract
Results using event study analysis based on a data panel of expenditure and revenue developments in emerging market economies during 1972–2001 indicate that subnational governments supported fiscal consolidation efforts by cutting their capital expenditure and increasing their revenues.Keywords
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