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: ZEW Discussion Papers ; No. 13-049
- 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)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2013
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-343415
- Letzte Aktualisierung
-
10.03.2025, 11:42 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.
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2013
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