Fiscal Decentralization and Economic Integration in Mercosur: Argentina and Brazil
This article examines the relationship between economic integration and fiscal decentralization for Argentina and Brazil. Economic openness adds costs and benefits to fiscal decentralization, beyond those analyzed in closed economies. The relationships among variables with panel data for the period...
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| Veröffentlicht in: | Latin American business review (Binghamton, N.Y.) N.Y.), 2014-07, Vol.15 (3-4), p.225-252 |
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| container_title | Latin American business review (Binghamton, N.Y.) |
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| creator | Porto, Alberto Porto, Natalia Tortarolo, Darío |
| description | This article examines the relationship between economic integration and fiscal decentralization for Argentina and Brazil. Economic openness adds costs and benefits to fiscal decentralization, beyond those analyzed in closed economies. The relationships among variables with panel data for the period 1988-2005 are estimated. The innovation of the article lies in considering decentralization at the level of states/provinces. In Brazil, the effect of openness on decentralization is negative and significant, both for expenditures and revenues; in Argentina, the effect is negative or not significant. This difference between countries is based on the different structure of subnational government financing. |
| doi_str_mv | 10.1080/10978526.2014.931787 |
| format | Article |
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Economic openness adds costs and benefits to fiscal decentralization, beyond those analyzed in closed economies. The relationships among variables with panel data for the period 1988-2005 are estimated. The innovation of the article lies in considering decentralization at the level of states/provinces. In Brazil, the effect of openness on decentralization is negative and significant, both for expenditures and revenues; in Argentina, the effect is negative or not significant. 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| identifier | ISSN: 1097-8526 |
| ispartof | Latin American business review (Binghamton, N.Y.), 2014-07, Vol.15 (3-4), p.225-252 |
| issn | 1097-8526 1528-6932 |
| language | eng |
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| source | EBSCOhost Business Source Complete |
| subjects | Argentina Brazil Common markets Cost benefit analysis Decentralization Economic integration Fiscal administration fiscal decentralization Fiscal policy Free trade areas International trade MERCOSUR Regional cooperation Regional integration South America Studies Tax revenues |
| title | Fiscal Decentralization and Economic Integration in Mercosur: Argentina and Brazil |
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