The goal of this paper is to analyze the impact of fiscal decentralization on the economic growth in the European Union. The emphasis has been put on the public spending carried out at a local level. The empirical investigation is based on regression analysis. The regression model includes the...

Purpose – This paper aims to analyze the efficiency of the fiscal capacity of the local governments in the new members of the EU. Design/methodology/approach – The impact of the locally collected taxes on economic growth is analyzed by the means of regression analysis. The GDP growth rate is...