Revenue Autonomy and Regional Growth
An Analysis of the 25-Year Process of Fiscal Decentralisation in Spain
Bibliographic Data
| ID | 4138727 |
|---|---|
| Authors | Ramiro Gil-Serrate (0000-0003-4753-1848, CENTRUM Católica, Pontificia Universidad Católica del Perú, Santiago de Surco, Lima 33, Perú, corresponding author), Julio López-Laborda, Julio López Laborda (0000-0002-1539-8483, Universidad de Zaragoza, corresponding author), Jesús Mur (0000-0002-7384-9166, Universidad de Zaragoza, corresponding author) |
| Year | 2011 |
| Volume | 43 |
| Issue | 11 |
| Pages | 2626-2648 |
| Publication date | 2011-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a43352 |
| OpenAlex | W2091122247 |
| Language | EN |
| Citations received | 5 |
| References cited | 40 |
By estimating bivariate panel vector autoregressions, this paper analyses the relationship between the revenue autonomy of Spanish regional governments and the regional growth experienced in Spain during the process of fiscal decentralisation from 1984 to 2008. The key finding is the presence of a significant, but marginal, positive effect of regional governments' revenue autonomy on regional growth during the period considered. The small size of the effect can be attributed to the fact that Spanish regional governments have not made extensive use of their important regulatory powers acquired in the 1996 review of the regional financing system or, alternatively, to the fact that the policy of increasing revenue autonomy might have reached saturation point during the period studied, with regard to its effect on economic growth. Both arguments are supported by the identification of an apparent breakpoint, in 1999, in the relationship between revenue autonomy and regional growth in Spain
Autonomy · Bivariate analysis · Business · Decentralization · Econometrics · Economic system · Economics · Market economy · Panel data · Political science · Regional autonomy · Revenue · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Finance
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| Unique citing works | 5 |
|---|---|
| Citations per year | 0,56 |
| Citation span | 2017 - 2024 (8) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |