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We investigate the empirical relationship between decentralisation and corruption. Using a newly assembled dataset containing data for up to 174 countries, we revisit the empirical evidence and seek to explain some of the inconsistent results that exist in the literature. We find that not only...
Persistent link: https://www.econbiz.de/10015224777
Recent aggregate tests of the impact of taxes on long-run growth rates in the OECD countries remain vulnerable to two important criticisms. First, they typically use 'an aggregate average rate, or constructed marginal rate, that probably does not affect the rate that any particular economic...
Persistent link: https://www.econbiz.de/10009441604
Growth models contain strong predictions regarding the effect of fiscal policy on the steady state growth path. Fiscal policies have no effect on the steady state growth rate in the neoclassical model whereas fiscal policy does feature in the steady state of endogenous growth models. The number...
Persistent link: https://www.econbiz.de/10009452283