Decentralization and Economic Development: An Evolutionary Approach
Decentralization and Economic Development: An Evolutionary Approach
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权力下放和经济发展：一种渐进的方法
DOI：
10.1111/j.1467-9779.2005.00214.x
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发表时间：
2005
影响因子：
1.1
通讯作者：
S. Yamashige
中科院分区：
文献类型：
--
作者：
Motohiro Sato;S. Yamashige
人们越来越关注经济发展与财政分权之间的关系。然而，实证研究并不能确定它们之间的相互关系或因果关系。本文旨在为更好地理解这一问题提供理论基础。发展一个动态模型，我们认为，权力下放和发展齐头并进，相互作用，它们之间的关系不是单调的，而是进化的。我们还表明，将存在多个稳定状态，财政分权的政治决策一般未能导致经济的最理想的。
There has been a growing interest in relationship between economic development and fiscal decentralization. Empirical studies, however, are not conclusive regarding their correlation or causality. The present paper aims to provide a theoretical foundation for better understanding of this issue. Developing a dynamic model, we argue that decentralization and development proceed hand in hand, interacting one another, and that the relation between them is not monotonic but evolutionary. We also show that there will exist multiple steady states and that political decision of fiscal decentralization in general fails to lead the economy to the most desirable one.