연구정보
Impact of Fiscal Decentralization on Non-Oil Economic Growth in a ResourceRich Economy
아제르바이잔 국외연구자료 기타 Fakhri HASANOV, Ceyhun MIKAYILOV, Sebuhi YUSIFOV, Khatai ALIYEV Eurasian Journal of Business and Economics 발간일 : 2016-09-15 등록일 : 2017-01-10 원문링크
The paper investigates effects of fiscal decentralization on non-oil sector development in case of Azerbaijan for the quarterly period of 2002 through 2013. Results obtained from Autoregressive Distributed Lag Bounds Testing approach show that share of local expenditures and revenues in total, measures of fiscal decentralization, have negative impact on non-oil GDP. This finding is consistent with other studies outcomes and can be considered adequate for the Azerbaijani economy due to the number of institutional constraints. The results of the research would provide a good insight for policy makers in implementing economic reforms to develop institutional aspects of decentralization and thus make it supportive for non-oil economic growth
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
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다음글 | [경제]아제르바이잔 경제에서 천연자원의 역할 -국영석유기업과 국부펀드를 중심으로- | 2017-04-12 |