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http://hdl.handle.net/10419/61424
  

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dc.contributor.authorKappeler, Andreasen_US
dc.contributor.authorSolé-Ollé, Alberten_US
dc.contributor.authorStephan, Andreasen_US
dc.contributor.authorVälilä, Timoen_US
dc.date.accessioned2012-08-24en_US
dc.date.accessioned2012-08-27T12:53:21Z-
dc.date.available2012-08-27T12:53:21Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/61424-
dc.description.abstractThe aim of this paper is to analyze the effect of revenue decentralization on the provision of infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the level of sub-national infrastructure investment in 20 European countries over the period 1990-2009. The results are interpreted in light of the predictions of the theory on fiscal federalism. We find that it is sub-national infrastructure investment that increases after revenue decentralization and not investment in redistribution. However, the effect of revenue decentralization is lower the higher the use of earmarked grants to fund infrastructure investment.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDiscussion Papers, German Institute for Economic Research, DIW Berlin 1204en_US
dc.subject.jelH54en_US
dc.subject.jelH77en_US
dc.subject.jelH76en_US
dc.subject.jelC23en_US
dc.subject.ddc330en_US
dc.subject.keywordregional investmenten_US
dc.subject.keywordfiscal federalismen_US
dc.subject.keyworddynamic panel dataen_US
dc.titleDoes fiscal decentralisation foster regional investment in productive infrastructure?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn722234228en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

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