Fiscal Decentralization Impact on Regional Development
Konferenční objektOtevřený přístuppeer-reviewedpostprint (accepted version)Datum publikování
2021
Vedoucí práce
Oponent
Název časopisu
Název svazku
Vydavatel
International Hellenic University
Abstrakt
This paper aims to examine how fiscal decentralization may influence regional development in selected CEE countries (the Czech Republic, Slovakia, and Poland). Previous research on this question has primarily focused on just the relationship between fiscal decentralization and growth. This paper further examines the effect of subnational revenue, subnational expenditure, and transfers to subnational governments on regional development, i.e., GDP growth rate and Human development index (HDI). Data from Organization for Economic Cooperation and Development (OECD) from 2010 to 2019 at the subnational government finance for the examined countries were used. The analysis involved analyzing the three models by focusing on each individual model of the CEE countries to assert the results' strength and veracity. We find that decentralized revenues positively influence GDP growth rate and HDI in selected CEE countries with overall positive significant results in all countries. There is no significant effect for subnational expenditure in the two countries, the Czech Republic and Poland, except Slovakia. Although this impact is much less clear in some countries, transfers, however, showed no positive significance at all in each of the selected countries. Because the dependent and independent data are linear variables, we adopted the ordinary least squares regression analysis method.
Rozsah stran
p. 117-124
ISSN
1792-4383
Trvalý odkaz na tento záznam
Projekt
SGS_2021_008/Zvyšování kvality informačních systémů veřejné správy
Zdrojový dokument
Proceedings of the 13th International Conference Economies of the Balkan and Eastern European Countries
Vydavatelská verze
http://ebeec.ihu.gr/documents/oldConferences/EBEEC_2021_Proceedings.pdf
Přístup k e-verzi
open access
Název akce
13th International Conference - Economies of the Balkan and Eastern European Countries (14.05.2021 - 16.05.2021, Pafos)
ISBN
978-618-5630-02-7
Studijní obor
Studijní program
Signatura tištěné verze
Umístění tištěné verze
Přístup k tištěné verzi
Klíčová slova
fiscal decentralization, regional development, OLS regression., fiskální decentralizace, regionální rozvoj, OLS regrese