Fiscal decentralization and economic growth in the United States

被引：229

作者：

Xie, DY ^{[1
]}

Zou, HF

Davoodi, H

机构：

[1] World Bank, Dev Res Grp, 1818 H St NW,Room MC2-611, Washington, DC 20433 USA

[2] Hong Kong Univ Sci & Technol, Hong Kong, Peoples R China

[3] Wuhan Univ, Inst Adv Studies, Wuhan, Peoples R China

[4] Int Monetary Fund, Washington, DC 20431 USA

来源：

JOURNAL OF URBAN ECONOMICS | 1999年 / 45卷 / 02期

关键词：

D O I：

10.1006/juec.1998.2095

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In a simple model of endogenous growth with spending by different levels of government, we demonstrate how fiscal decentralization affects the long-run growth rate of the economy. Applying the model to the U.S. economy, we find that the existing spending shares for state and local governments have been consistent with growth maximization. In this sense, further decentralization in public spending may be harmful for growth. (C) 1999 Academic Press.

引用

页码：228 / 239

页数：12

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