Fiscal decentralization and fiscal consolidations in emerging market economiesApplied Economics Letters (2010)
AbstractResults 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.
- Fiscal decentralization,
- fiscal consolidation
Citation InformationJohn 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/