Please use this identifier to cite or link to this item:
https://essuir.sumdu.edu.ua/handle/123456789/85452
Or use following links to share this resource in social networks:
Tweet
Recommend this item
Title | Fiscal Decentralization as a Factor of Macroeconomic Stability of the Country |
Authors |
Palienko, M.
Liulov, Oleksii Valentynovych Denysenko, Pavlo Anatoliiovych |
ORCID |
http://orcid.org/0000-0002-4865-7306 http://orcid.org/0000-0003-0121-8733 |
Keywords |
fiscal decentralisation macroeconomic stability |
Type | Article |
Date of Issue | 2017 |
URI | https://essuir.sumdu.edu.ua/handle/123456789/85452 |
Publisher | Sumy State University |
License | Creative Commons Attribution 4.0 International License |
Citation | Palienko M., Lyulyov O., Denysenko P. (2017). Fiscal Decentralisation as a Factor of Macroeconomic Stability of the Country. Financial Markets, Institutions and Risks, 1(4), 74-86. DOI: 10.21272/fmir.1(4).74-86.2017 |
Abstract |
The main purpose of the study is the role and effect of fiscal decentralization on macroeconomic stability on
key measures that represent different and independent indicators of the degree of fiscal decentralization. It is
proposed to use the fiscal decentralization as an indicator of expenditure decentralization, which is calculated
as the ratio of subnational to total government expenditure, income decentralization as the ratio of subnational
own source revenue to total government revenue. Along with the indicators of fiscal decentralization, it is
proposed to take into account the potential economic, political and institutional determinants of
macroeconomic stability that can be classified into the following groups: growth and development; indicators
of the labor market; openness of the economy; monetary indicators; independence of the central bank; political
system; corruption. The application of the proposed determinants has shown a non-linear relationship between
fiscal decentralization and macroeconomic stability. |
Appears in Collections: |
Financial Markets, Institutions and Risks (FMIR) |
Views
Australia
1
Austria
73807484
Barbados
1
Cameroon
1397278265
China
248483175
Costa Rica
1
Ethiopia
1
France
123272
Germany
-265604472
India
1
Indonesia
1397278266
Iraq
19686045
Ireland
4936695
Italy
1
Kenya
1294145766
Lithuania
30007
Mauritius
1
Morocco
1
Netherlands
360
Norway
1
Pakistan
1397278268
Singapore
-132802235
South Africa
1
Sweden
1
Turkey
1
Ukraine
42065
United Kingdom
111291
United States
-265604471
Unknown Country
1224283504
Vietnam
349351377
Downloads
Austria
73807485
Cameroon
1
Ethiopia
1
Greece
1
Indonesia
1
Iraq
1
Ireland
1
Kenya
1
Lithuania
1
Morocco
1
Pakistan
1
Singapore
-132802234
South Africa
1
Sri Lanka
1
Uganda
1
Ukraine
1706517469
United Kingdom
1
United States
-132802236
Unknown Country
1
Vietnam
1
Files
File | Size | Format | Downloads |
---|---|---|---|
Palienko_fiscal_decentralisation.pdf | 2.39 MB | Adobe PDF | 1514720500 |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.