Arbeitspapier
Revisiting the Link between Growth and Federalism: A Bayesian Model Averaging Approach
Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests that the failure to appropriately account for model uncertainty may have previously led to biased estimates. The results from a sample of 23 OECD countries over 1975-2000 indicate that after controlling for unobserved country heterogeneity, there is no robust link, neither positive, nor negative, between output growth and fiscal federalism (measured as sub-national governments' share of own source tax revenue).
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 4357
- Klassifikation
-
Wirtschaft
Bayesian Analysis: General
State and Local Government; Intergovernmental Relations: General
Institutions and Growth
- Thema
-
fiscal federalism
economic growth
Bayesian Model Averaging
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Asatryan, Zareh
Feld, Lars P.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Asatryan, Zareh
- Feld, Lars P.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2013
Ähnliche Objekte (12)
Revisiting the link between growth and federalism: A Bayesian model averaging approach
Regulatory Competition and Federalism in Switzerland: Diffusion by Horizontal and Vertical Interaction
James Buchanan's theory of federalism: From fiscal equity to the ideal political order
Fiscal federalism in Germany
A Note on Budget Rules and Fiscal Federalism
Federalism, decentralization, and economic growth
Fiscal federalism, decentralization and economic growth: A meta-analysis
Fiscal Federalism and Economic Performance - New Evidence from Switzerland
Fiscal federalism and economic performance: New evidence from Switzerland
Fiscal federalism and economic performance: evidence from Swiss cantons
Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis
Do party ties increase transfer receipts in cooperative federalism? Evidence from Germany
Revisiting the link between growth and federalism: A Bayesian model averaging approach
Regulatory Competition and Federalism in Switzerland: Diffusion by Horizontal and Vertical Interaction
James Buchanan's theory of federalism: From fiscal equity to the ideal political order
Fiscal federalism in Germany
A Note on Budget Rules and Fiscal Federalism
Federalism, decentralization, and economic growth
Fiscal federalism, decentralization and economic growth: A meta-analysis
Fiscal Federalism and Economic Performance - New Evidence from Switzerland
Fiscal federalism and economic performance: New evidence from Switzerland
Fiscal federalism and economic performance: evidence from Swiss cantons
Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis
Do party ties increase transfer receipts in cooperative federalism? Evidence from Germany
Revisiting the link between growth and federalism: A Bayesian model averaging approach
Regulatory Competition and Federalism in Switzerland: Diffusion by Horizontal and Vertical Interaction
James Buchanan's theory of federalism: From fiscal equity to the ideal political order
Fiscal federalism in Germany
A Note on Budget Rules and Fiscal Federalism
Federalism, decentralization, and economic growth
Fiscal federalism, decentralization and economic growth: A meta-analysis
Fiscal Federalism and Economic Performance - New Evidence from Switzerland
Fiscal federalism and economic performance: New evidence from Switzerland
Fiscal federalism and economic performance: evidence from Swiss cantons
Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis