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http://hdl.handle.net/10419/35994
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| Title: | | The impact of local decentralization on economic growth: evidence from U.S. counties  |
| Authors: | | Hammond, George W. Tosun, Mehmet Serkan |
| Issue Date: | | 2009 |
| Series/Report no.: | | IZA Discussion Papers 4574 |
| Abstract: | | We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose governments per square mile have a positive impact on metropolitan population and employment growth, but no significant impact on nonmetropolitan counties. In contrast, the fragmentation of general-purpose governments per capita has a negative impact on employment and population growth in nonmetropolitan counties. Our results suggest that local government decentralization matters differently for metropolitan and nonmetropolitan counties. |
| Subjects: | | Fiscal decentralization metropolitan nonmetropolitan population employment income spatial econometrics |
| JEL: | | E62 H7 R11 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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