2021
DOI: 10.2478/fiqf-2021-0003
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Do Fiscal Transfers Foster Regional Economic Growth?

Abstract: Fiscal transfer development across the world today has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved financial spending. There is, however, little empirical evidence to validate these assertions in Kenya. It is against this background that this study was carried out to estimate the end product of fiscal transfer on regional economic growth in Kenya using a secondary panel data set. Using the ARDL estimation technique the long -run and error correction estimates of… Show more

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Cited by 7 publications
(4 citation statements)
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“…The existence of cointegration shows that there is at least one causal link among different variables, but there is no clear causal link in a specific direction (Mose, 2021). Therefore, in order to understand the specific causal relationship, it is necessary to add residual items in the long-term cointegration test and establish a panel error correction model to analyze the causal relationship between the two.…”
Section: Error Correction Model Testmentioning
confidence: 99%
“…The existence of cointegration shows that there is at least one causal link among different variables, but there is no clear causal link in a specific direction (Mose, 2021). Therefore, in order to understand the specific causal relationship, it is necessary to add residual items in the long-term cointegration test and establish a panel error correction model to analyze the causal relationship between the two.…”
Section: Error Correction Model Testmentioning
confidence: 99%
“…Вопрос о том, могут ли изменения в фискальной политике повлиять на экономический рост, широко освещен в научной литературе [1][2][3][4][5][6]. Фискальная политика играет существенную роль в обеспечении экономического роста в стране [7,8]. В краткосрочной перспективе контрциклическая бюджетная политика позволяет поддержать совокупный спрос и обеспечить рост в период циклических спадов [9].…”
Section: Introductionunclassified
“…Gelir vergileri örneğin bireylerin çalışma kararlarını etkiler ve buna bağlı olarak gelir vergileri ekonomik büyümeyi olumsuz etkiler (Poulson & Kaplan, 2008). Diğer taraftan işveren için çalışanlarının gelir vergisi bir maliyet unsurudur ve bu unsur iş gücü talebini azaltır (Wołowiec, Skica, & Gercheva, 2014). O halde gelir vergileri hem iş gücü arzı hem de iş gücü talebi üzerindeki olumsuz etkileriyle ekonomik büyümeyi de olumsuz etkiler.…”
unclassified