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Fiscal decentralization and economic growth in Peruvian regional governments, 2007 – 2018

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  • Carlos González Taranco

Abstract

Aim of this paper is determine whether fiscal decentralization has generated economic growth in regional development of the Peruvian Economy, since decentralization process started; for that purpose, has been applied a data panel econometric model related to Regional Government as aggregate data. It’s been found a positive relationship between both variables with some emphasis in short term, being significant current and capital expenditure and cash transfers.

Suggested Citation

  • Carlos González Taranco, 2020. "Fiscal decentralization and economic growth in Peruvian regional governments, 2007 – 2018," Revista de Análisis Económico y Financiero, Universidad de San Martín de Porres, vol. 2(01), pages 25-31.
    • Handle: RePEc:alp:revaef:04-02
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    References listed on IDEAS

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    1. Andrés Rodríguez‐Pose & Anne Krøijer, 2009. "Fiscal Decentralization and Economic Growth in Central and Eastern Europe," Growth and Change, Wiley Blackwell, vol. 40(3), pages 387-417, September.
    2. Ahmad Jafari Samimi & Saeed Karimi Petanlar & Gholamreza Keshavarz Haddad & Mohammad Alizadeh, 2010. "Fiscal Decentralization and Economic Growth: A Nonlinear Model for Provinces of Iran," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 15(2), pages 125-133, spring.
    3. Yushkov, Andrey, 2015. "Fiscal decentralization and regional economic growth: Theory, empirics, and the Russian experience," Russian Journal of Economics, Elsevier, vol. 1(4), pages 404-418.
    4. -, 2012. "Decentralization and reform in Latin America: improving intergovernmental relations," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2028 edited by Edward Elgar, November.
    5. Hansjörg Blöchliger & Balázs Égert & Kaja Bonesmo Fredriksen, 2013. "Fiscal Federalism and its Impact on Economic Activity, Public Investment and the Performance of Educational Systems," OECD Economics Department Working Papers 1051, OECD Publishing.
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