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Article
Fiscal decentralization and fiscal consolidations in emerging market economies
Applied Economics Letters (2010)
  • John Thornton
Abstract
Results using event study analysis based on a data panel of expenditure and revenue developments in emerging market economies during 1972–2001 indicate that subnational governments supported fiscal consolidation efforts by cutting their capital expenditure and increasing their revenues.
Keywords
  • Fiscal decentralization,
  • fiscal consolidation
Publication Date
2010
Citation Information
John Thornton. "Fiscal decentralization and fiscal consolidations in emerging market economies" Applied Economics Letters Vol. 17 Iss. 11 (2010)
Available at: http://works.bepress.com/john_thornton/20/