Fiscal Decentralization, Corruption, and Income Inequality: Evidence from Vietnam |
NGUYEN, Hung Thanh
(School of Public Finance, University of Economics Ho Chi Minh City)
VO, Thuy Hoang Ngoc (Thu Dau Mot University) LE, Duc Doan Minh (School of Accounting, University of Economics Ho Chi Minh City) NGUYEN, Vu Thanh (Nguyen Tat Thanh University) |
1 | Ezcurra, R., & Rodriguez-Pose, A. (2014). Government quality and spatial inequality: A cross- country analysis, Environment and Planning A, 46(7), 1732-1753. DOI |
2 | Gil, C., Pascual, P., & Rapun, M. (2004). Regional economic disparities and decentralization. Urban Studies, 41(1), 71-94. DOI |
3 | Glaeser, E., Scheinkman, J., & Shleifer, A. (2003). The injustice of Inequality. Journal of Monetary Economics, 50, 199-222. DOI |
4 | Fan, S., Lin, C., & Treisman, D. (2009). Political decentralization and corruption: evidence from around the world. Journal of Public Economics, 93, 14-34. DOI |
5 | Fisman, R., & Gatti, R. (2002). Decentralization and corruption: Evidence across countries. Journal of Public Economics, 83, 325-345. DOI |
6 | Gemmell, N., Kneller, R., & Sanz, I. (2013). Fiscal decentralization and economic growth: Spending versus revenue decentralization. Economic Inquiry, 51(4), 1915-1931. DOI |
7 | Giannetti, M. (2002). The effects of integration on regional disparities: Convergence, divergence or both? European Economic Review, 46(3), 539-67 DOI |
8 | Gil, C., Pascual, P., & Rapun, M. (2004). Regional economic disparities and decentralization. Urban Studies, 41(1), 71-94 26 DOI |
9 | Greene, W. H. (2012). Econometric Analysis (7th ed.). Upper Saddle River, NJ: Prentice Hall. |
10 | Hall, R., & Jones, C. (1999). Why do some countries produce so much more output per worker than others? Quarterly Journal of Economics, 114(1), 83-116. DOI |
11 | Hayashi, F. (2000). Econometrics. Princeton, NJ: Princeton University Press. |
12 | Arzaghi, M., & Henderson, V. (2005). Why countries are fiscally decentralizing. Journal of Public Economics, 89, 1157-1189. DOI |
13 | Newey, W. K., & West, K. D. (1994). Automatic lag selection in covariance matrix estimation. Review of Economic Studies, 61, 631-653. DOI |
14 | Avery, R. (1977). Error components and seemingly unrelated regressions. Econometrica, 45, 199-209. DOI |
15 | Alesina, A., & Zhuravskaya, E. (2011). Segregation and the quality of government in a cross-section of countries. American Economic Review, 101(5), 1872-1911. DOI |
16 | Zellner, A. (1962). An efficient method of estimating seeming unrelated regressions and tests for aggregation bias. Journal of the American Statistical Association, 57, 348-368. DOI |
17 | McKinnon, R. (1997). Market-preserving fiscal federalism in the American monetary union. In: M. Blejer, & T. Ter-Minassian (Eds.), Macroeconomic dimensions of public finance: Essays in honour of Vito Tanzi (pp. 73-93). London, UK: Routledge. |
18 | Newey, W. K., & West, K. D. (1987). A simple, positive semidefinite heteroskedasticity and autocorrelation consistent covariance matrix. Econometrica, 56, 203-208. |
19 | Nguyen, V. C., & Do, T. T. (2020). Impact of Exchange Rate Shocks, Inward FDI and Import on Export Performance: A Cointegration Analysis. Journal of Asian Finance, Economics and Business, 7(4), 163-171. https://doi.org/10.13106/jafeb.2020.vol7.no4.163 DOI |
20 | Oates, W. (1993). Fiscal decentralization and economic development. National Tax Journal, 46(2), 237-243. DOI |
21 | Oates, W. (1999). An essay on fiscal federalism. Journal Economic Literature, 37, 1120-1149. DOI |
22 | Panizza, U. (1999). On the determinants of fiscal centralization: Theory and evidence. Journal of Public Economics, 74, 97-139. DOI |
23 | Petrakos, G. (2001). Patterns of regional inequality in transition economies. European Planning Studies, 9, 359-383. DOI |
24 | Petrakos, G., Rodriguez-Pose, A., & Rovolis, A. (2005). Growth, integration and regional disparities in the European Union. Environment and Planning A, 37, 1837-1855. DOI |
25 | Alesina, A., & Spolaore, E. (2003). The size of nations. Cambridge MA: MIT Press. |
26 | Acemoglu, D., Johnson, S., & Robinson, J. (2001). The Colonial Origins of Comparative Development: An Empirical Investigation. American Economic Review, 91, 1369-1401. DOI |
27 | Andrews, D. W. K. (1991). Heteroskedasticity and autocorrelation consistent covariance matrix estimation. Econometrica, 59, 817-858 DOI |
28 | Ades, A. & Di Tella, R. (1999). Rents, competition and corruption, American Economic Review, 89(4), 982-993. DOI |
29 | Baum, C. F. (2006). An Introduction to Modern Econometrics Using Stata. College Station, TX: Stata Press. |
30 | Baltagi, B. H. (1981). Simultaneous equations with error components. Journal of Econometrics, 17, 189-200. DOI |
31 | Baltagi, B. H. (2008). Econometric Analysis of Panel Data (4th ed.). Chichester, UK: Wiley and Sons. |
32 | Bardhan, P. (2002). Decentralization of government and development. Journal of Economic Perspectives, 16(4), 185-205. DOI |
33 | Bardhan, P., & Mookherjee, D. (2006). Decentralization, corruption and government accountability: an overview. In: S. Rose-Ackerman (Ed.), International Handbook on the Economics of Corruption (pp. 161-188). Cheltenham, UK: Edward Elgar. |
34 | Barro, R. (2000). Inequality and growth in a panel of countries. Journal of Economic Growth, 5(1), 5-32. DOI |
35 | Barro, R. (2001). Human capital and growth. American Economic Review, 91(2), 12-17. DOI |
36 | Zellner, A. (1963). Estimators for seemingly unrelated regression equations: Some exact finite sample results. Journal of the American Statistical Association, 58, 977-992. DOI |
37 | Zellner, A., & Huang, D. (1962). Further properties of efficient estimators for seemingly unrelated regression equations. International Economic Review, 3, 300-313. DOI |
38 | Kyriacou, A., & Roca-Sagales, O. (2011b). Fiscal decentralization and government quality in the OECD. Economics Letters, 111(3), 191-193. DOI |
39 | Prud'homme, R. (1995). On the dangers of decentralization. World Bank Research Observer, 10(2), 201-220. DOI |
40 | Kyriacou, A., & Roca-Sagales, O. (2011a). Fiscal and political decentralization and government quality. Environment and Planning C (Government and Policy), 29(2), 204-223. DOI |
41 | Kyriacou, A., & Roca-Sagales, O. (2012). The impact of EU structural funds on regional disparities within member states. Environment and Planning C (Government and Policy), 30(2), 267-281. DOI |
42 | Kyriacou, A., & Roca-Sagales, O. (2014). Regional disparities and government quality: Redistributive conflict crowds out good government. Spatial Economic Analysis, 9(2), 183-201. DOI |
43 | Kyriacou, A., Muinelo-Gallo, L., & Roca-Sagales, O. (2014). Fiscal decentralization and regional disparities: The importance of good governance. Forthcoming, Papers in Regional Science, DOI: 10.1111/pirs.12061 |
44 | Keen, M., & Marchand, M. (1997). Fiscal competition and the pattern of public spending. Journal of Public Economics, 66, 33-53. DOI |
45 | Kmenta, J. (1997). Elements of Econometrics. Second Edition Annual Arbor: University of Michigan Press. |
46 | La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (1999). The quality of government. Journal of Law, Economics and Organization, 15(1), 222-279. DOI |
47 | Lessmann, C. (2009). Fiscal decentralization and regional disparity: Evidence from cross section and panel data. Environment and Planning A, 41, 2455-2473. DOI |
48 | Lessmann, C. (2012). Regional inequality and decentralization: an empirical analysis. Environment and Plannning A, 44, 1363-1388. DOI |
49 | Zhuravskaya, E. (2000). Incentives to provide local public goods: Fiscal federalism, Russian style. Journal of Public Economics, 76(3), 337-368. DOI |
50 | Zellner, A., & Theil, H. (1962). Three-stage least squares: simultaneous estimation of simultaneous equations. Econometrica, 30(1), 54-78. DOI |
51 | Shah ABBAS, Van Chien NGUYEN, Zhu YANFU, Huu Tinh NGUYEN. The Impact of China Exchange Rate Policy on its Trading Partners: Evidence Based on the GVAR Model Journal of Asian Finance, Economics and Business, 7(8), 131-141. DOI |
52 | Seldayo, H., Elhorst, J., & De Haan, J., (2010). Geography and governance: does space matter? Papers in Regional Science, 89(3), 625-641. DOI |
53 | Shleifer, A, & Vishny, R. (1993). Corruption . Quarterly Journal of Economics, 108, 599-616. DOI |
54 | Solt, F. (2009). Standardizing the World Income Inequality Database. Social Science Quarterly, 90(2), 231-242. DOI |
55 | Stegarescu, D. (2009). The effects of economic and political integration on fiscal decentralization: evidence from OECD countries, Canadian Journal of Economics, 42(2), 694-718. DOI |
56 | Tanzi, V. (1998). Corruption around the world - causes, consequences, scope, and cures. IMF Staff Papers, 45, 559-594. DOI |
57 | Rodden, J. (2004). Comparative federalism and decentralization. On meaning and measurement. Comparative Politics, 36(4), 481-500. DOI |
58 | Letelier, L. (2005). Explaining fiscal decentralization. Public Finance Review, 33, 155-183. DOI |
59 | Qian, Y., & Roland G. (1998). Federalism and the soft budget constraint. American Economic Review, 88(5), 1143-1162. |
60 | Qian, Y., & Weingast, B. (1997). Federalism as a commitment to preserving market incentives. Journal of Economic Perspectives, 11, 83-92. DOI |
61 | Rodden, J., & Rose-Ackerman, S. (1997). Does federalism preserve markets? University of Virginia Law Review, 83(7), 1521-1572. DOI |
62 | Rodriguez-Pose, A. (2012). Trade and regional inequality. Economic Geography, 88(2), 109-136. DOI |
63 | Rodriguez-Pose, A., & Ezcurra, R. (2010). Does decentralization matter for regional disparities? A cross-country analysis. Journal of Economic Geography, 10, 619-644. DOI |
64 | Rodriguez-Pose, A., & Gill, N. (2004). Is there a global link between regional disparities and devolution? Environment and Planning A, 36(12), 2097-2117. DOI |
65 | Saachi, A., & Salotti, S. (2014a). How regional inequality affects fiscal decentralisation: accounting for the autonomy of subcentral governments. Environment and Planning C (Government and Policy), 32(1), 144-162. DOI |
66 | Bjorn, E., & Krishnakumar, J. (2008). Measurement errors and simultaneity. In: L. Matyas, & P. Sevestre (Eds.), The Econometrics of Panel Data. Fundamentals and Recent Developments in Theory and Practice (Chapter 10, pp. 323-367). |
67 | Barro, R., & Lee, J. (2001). International data on educational attainment: Updates and implications. Oxford Economic Papers, 53(3), 541-563. DOI |
68 | Bazzi, S., & Clemens, M. (2013). Blunt instruments: avoiding common pitfalls in identifying the causes of economic growth. American Economic Journal: Macroeconomics, 5(2), 152-186. DOI |
69 | Beramendi, P. (2007). Inequality and the Territorial Fragmentation of Solidarity. International Organization, 61, 783-820. DOI |
70 | Brennan, G., & Buchanan, J. (1980). The power to tax. Analytical foundations of a fiscal constitution. Cambridge, UK: Cambridge University Press. |
71 | Cai, H., & Treisman, D. (2004). State corroding federalism. Journal of Public Economics, 88, 819-843 DOI |
72 | Kyriacou, A. (2012). Ethnic segregation and the quality of government: the importance of regional diversity. Constitutional Political Economy, 23(2), 166-180. DOI |
73 | Tanzi, V. (2000). On fiscal federalism: issues to worry about. In: The World Bank Conference on Fiscal Decentralisation, Washington, DC. |
74 | Tariq, R., Khan, M. A., & Rahman, A. (2020). How Does Financial Development Impact Economic Growth in Pakistan? New Evidence from Threshold Model. Journal of Asian Finance, Economics and Business, 7(8), 161-173. https://doi.org/10.13106/jafeb.2020.vol7.no8.161 DOI |
75 | Theil, H. (1971). Principles of Econometrics. London, UK: Wiley. |
76 | Jin, H., Yingyi, Q., & Weingast, B. (2005). Regional decentralization and fiscal incentives: Federalism Chinese style. Journal of Public Economics, 89(9-10), 1719-1742. DOI |
77 | Kuznets, S. (1955). Economic growth and income inequality. The American Economic Review., XLV. https://assets.aeaweb.org/asset-server/files/9438.pdf |
78 | Mauro, P. (1995). Corruption and Growth. Quarterly Journal of Economics, 110(3), 691-712. DOI |
79 | Mankiw, G., Romer, D., & Wei, l. D. (1992). A contribution to the empirics of economic growth. Quarterly Journal of Economics, 107(2), 407-437. DOI |
80 | Matyas, L. (1999). Generalized Method of Moments Estimation. Cambridge, UK: Cambridge University Press. |
81 | Cai, H., & Treisman, D. (2005). Does competition for capital discipline government? Decentralization, globalization and public policy. American Economic Review, 95(3), 817-830 DOI |
82 | Cameron, A. C., & Trivedi, P. K. (2005). Microeconometrics: Methods and Applications. Cambridge, UK: Cambridge University Press. |
83 | Costa-Font, J. (2010). Does devolution lead to regional inequalities in welfare activity? Environment and Planning C: Government and Policy, 28(3), 435-449. DOI |
84 | Davidson, R., & MacKinnon, J. G. (2004). Econometric Theory and Methods. New York, NY: Oxford University Press. |
85 | Wallis, J. J., & Oates, W. E. (1988). Decentralization in the public sector: an empirical study of state and local government. In W. E. Oates (Ed.), Studies in Fiscal Federalism, Aldershot, UK: Edward Elgar. |
86 | Treisman, D. (2000). The causes of corruption: A cross-national study. Journal of Public Economics, 76, 399-457. DOI |
87 | Van Rijckeghem, C., & Weder, B. (2001). Bureaucratic corruption and the rate of temptation: do wages in the civil service affect corruption, and by how much? Journal of Development Economics, 65(2), 307-331. DOI |
88 | Voitchovsky, S. (2005). Does the profile of income inequality matter for economic growth? Distinguishing between the effects of inequality in different parts of the income distribution. Journal of Economic Growth, 10, 273-290. DOI |
89 | Weingast, B. (1995). The economic role of political institutions: Market-preserving federalism and economic development. Journal of Law, Economics, and Organization, 11, 1-31. |
90 | Wheare, K. C. (1964). Federal Government. Oxford, UK: Oxford University Press. |
91 | Williamson, J. (1965). Regional inequality and the process of national development: A description of patterns. Economic Development and Cultural Change, 13, 3-45. DOI |
92 | Wooldridge, J. M. (2010). Econometric Analysis of Cross Section and Panel Data (2nd ed.). Cambridge, MA: MIT Press. |
93 | Ezcurra, R. (2012). Is there a link between globalization and governance? Environment and Planning C. Government and Policy, 30(5), 848-870. DOI |
94 | Elazar, D. (1995). From statism to federalism: a paradigm shift.' Publius. The Journal of Federalism, 25, 5-18. |
95 | Enikolopov, R., & Zhuravskaya, E. (2007). Decentralization and Political Institutions. Journal of Public Economics, 91(11-12), 2261-2290. DOI |
96 | Lin, S., Kim, D., Huang, H., & Yeh, C. (2009). Nonlinearity between inequality and growth. Studies in Nonlinear Dynamics Econometrics, 13(2). DOI: 10.2202/1558-3708.1635 |
97 | Ezcurra, R., & Pascual, P. (2008). Fiscal decentralization and regional disparities: Evidence from several European Union countries. Environment and Planning A, 40, 1185-120. DOI |