Impact of fiscal decentralisation on economic growth in Vietnam—A spatial regression approach

Approaching by spatial regression method, this study examines the impact of fiscal decentralisation on economic growth in 63 provinces/cities of Vietnam in the period 2010–2020. Findings suggest that, in general, revenue decentralisation and expenditure decentralisation not only have a positive impact on the economic growth of provinces/cities but also have spillover effects on other locations in improving GRDP per capita. The above findings provide some important policy implications for improving fiscal decentralisation to promote economic growth in Vietnam.