Pregled bibliografske jedinice broj: 1220119
HOW LEVIATHAN REACTS ON RECESSION?
HOW LEVIATHAN REACTS ON RECESSION? // THE EU ECONOMIC ENVIRONMENT POST-CRISIS:POLICIES, INSTITUTIONS AND MECHANISMS / Benazić, Manuel ; Božina Beroš, Marta ; Gimigliano, Gabriella ; Novak, Aleš ; Učkar, Dean (ur.).
Pula: Sveučilište Jurja Dobrile u Puli, 2016. str. 3-16
CROSBI ID: 1220119 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
HOW LEVIATHAN REACTS ON RECESSION?
Autori
Šuman - Tolić, Meri ; Svilokos, Tonći ; Zdilar, Ante
Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni
Knjiga
THE EU ECONOMIC ENVIRONMENT POST-CRISIS:POLICIES, INSTITUTIONS AND MECHANISMS
Urednik/ci
Benazić, Manuel ; Božina Beroš, Marta ; Gimigliano, Gabriella ; Novak, Aleš ; Učkar, Dean
Izdavač
Sveučilište Jurja Dobrile u Puli
Grad
Pula
Godina
2016
Raspon stranica
3-16
ISBN
978-953-7320-40-9
Ključne riječi
Fiscal decentralization ; Government size ; Leviathan hypothesis ; Generalized method of moments (GMM)
Sažetak
This article revisits the „Leviathan“ hypothesis and examines the relationshio between the different aspect of fiscal decentralization and the size of government expenditure, measured as a percentage of GDP. According to the Leviathan hypothesis (Brenan and Buchanan, 1980) central governments operate like monopolists or mythological creatures - Leviathans trying to maximize their revenues and expenditures. Fiscal decentralization could be a mechanism for the introduction of fiscal competition among local governments and, hence, for constraining the growth of total government spending. Using the generalized method of moments, on a sample covering 23 European OECD countries and Croatia over the 2005 - 2012 period, this paper reveals that fiscal decentralization failed to restrain Leviathan in the times of recent economic crisis.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
