CEU Electronic Theses and Dissertations, 2012
| Author | Musser, Brandon Wayne |
|---|---|
| Title | The Effects of Fiscal Decentralization on Highway and Transportation Spending in the United States |
| Summary | Fiscal decentralization is the focus of a vast body of academic literature of which the authors are largely divided about its effects on economic growth, efficiency of the public sector, and composition of public spending. However, much of the discussion has been theoretical in nature, while only a handful of papers have examined the effects of decentralization on real economic variables. Theory suggests that decentralization should increase the amount of spending on infrastructure if local governments place a higher priority on infrastructure than the national government. Anecdotal evidence explains why this should be the case. This paper will use panel data from all 50 US states to examine the impact that fiscal decentralization has had on aggregate public highway and transportation spending at the state level. |
| Supervisor | Bekes, Gabor; Jokay, Karoly. |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2012/musser_brandon.pdf |
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