Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis
We study the fiscal decentralisation patterns in OECD countries through a club convergence approach. Our analysis covers 30 countries spanning 1995 to 2018 and considers the noncentral expenditure and revenue sides with two perspectives, as percentage of GDP and as percentage of the total governm...
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| Format: | Article |
| Language: | English |
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Editura ASE
2023-05-01
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| Series: | Amfiteatru Economic |
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| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_3212.pdf |
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| author | Francisco J. Delgado Maria J. Presno |
| author_facet | Francisco J. Delgado Maria J. Presno |
| author_sort | Francisco J. Delgado |
| collection | DOAJ |
| description | We study the fiscal decentralisation patterns in OECD countries through a club convergence
approach. Our analysis covers 30 countries spanning 1995 to 2018 and considers the
noncentral expenditure and revenue sides with two perspectives, as percentage of GDP and
as percentage of the total government expenditure and revenue. The results show differences
between the expenditure and revenue sides, but with five and six clubs on both sides for the
GDP and total government perspectives, respectively. These results allow one to establish a
typology based on the four dimensions analysed. In addition, our results suggest a divergent
impact of the Great Recession at the overall level of countries and under the expenditure and
revenue perspectives; however, simultaneously, that economic downturn seems to have
reinforced the process of convergence within clubs under the expenditure perspective. We
also study the dynamics of convergence over time using a rolling window estimation, for all
countries and the clubs |
| format | Article |
| id | doaj-art-4d6caafa89314129802db6ffa4350042 |
| institution | DOAJ |
| issn | 1582-9146 2247-9104 |
| language | English |
| publishDate | 2023-05-01 |
| publisher | Editura ASE |
| record_format | Article |
| series | Amfiteatru Economic |
| spelling | doaj-art-4d6caafa89314129802db6ffa43500422025-08-20T03:19:32ZengEditura ASEAmfiteatru Economic1582-91462247-91042023-05-012563558 57410.24818/EA/2023/63/558 Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence AnalysisFrancisco J. Delgado 0https://orcid.org/0000-0002-5086-7011Maria J. Presno1https://orcid.org/0000-0002-8691-4027 University of Oviedo and GEN, Oviedo, SpainUniversity of Oviedo, SpainWe study the fiscal decentralisation patterns in OECD countries through a club convergence approach. Our analysis covers 30 countries spanning 1995 to 2018 and considers the noncentral expenditure and revenue sides with two perspectives, as percentage of GDP and as percentage of the total government expenditure and revenue. The results show differences between the expenditure and revenue sides, but with five and six clubs on both sides for the GDP and total government perspectives, respectively. These results allow one to establish a typology based on the four dimensions analysed. In addition, our results suggest a divergent impact of the Great Recession at the overall level of countries and under the expenditure and revenue perspectives; however, simultaneously, that economic downturn seems to have reinforced the process of convergence within clubs under the expenditure perspective. We also study the dynamics of convergence over time using a rolling window estimation, for all countries and the clubshttps://www.amfiteatrueconomic.ro/temp/Article_3212.pdfdecentralisationclub convergenceoecdgreat recession |
| spellingShingle | Francisco J. Delgado Maria J. Presno Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis Amfiteatru Economic decentralisation club convergence oecd great recession |
| title | Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis |
| title_full | Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis |
| title_fullStr | Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis |
| title_full_unstemmed | Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis |
| title_short | Evolution of Fiscal Decentralisation in OECD Countries: A Club Convergence Analysis |
| title_sort | evolution of fiscal decentralisation in oecd countries a club convergence analysis |
| topic | decentralisation club convergence oecd great recession |
| url | https://www.amfiteatrueconomic.ro/temp/Article_3212.pdf |
| work_keys_str_mv | AT franciscojdelgado evolutionoffiscaldecentralisationinoecdcountriesaclubconvergenceanalysis AT mariajpresno evolutionoffiscaldecentralisationinoecdcountriesaclubconvergenceanalysis |