Fiscal decentralisation and economic growth in Vietnam

Journal of the Asia Pacific Economy

Volumn 16, Issue 1, 2011, Pages 3-14

  Nguyena, Lan Phi ^a   Anwarb, Sajid ^b  

^a State Bank of Vietnam   (Viet Nam)

^b UNIVERSITY OF THE SUNSHINE COAST   (Australia)

Author keywords

Economic growth; Fiscal decentralisation; Subnational governments

Indexed keywords

DATA SET; DECENTRALIZATION; ECONOMIC GROWTH; ECONOMIC PLANNING; EMPIRICAL ANALYSIS; EXPENDITURE; FISCAL POLICY; PANEL DATA;

VIET NAM;

EID: 78751563542     PISSN: 13547860     EISSN: 14699648     Source Type: Journal    
DOI: 10.1080/13547860.2011.539397     Document Type: Article

References (31)

1. Akai, N. and Sakata, M., 2002. Fiscal decentralization contributes to economic growth: evidence from state-level cross section data for the United States. Journal of urban economics, 52, 93-108.
2. Baltagi, B.H., 2008. Econometric analysis of panel data. 4th ed. New Jersey, NJ: John Wiley.
3. Bende-Nabende, A., Ford, J., and Slater, J., 2001. FDI, regional economic integration and endogenous growth: some evidence from Southeast Asia. Pacific economic review, 6, 383-399.
4. Brennan, G. and Buchanan, J., 1980. The power to tax: analytical foundations of a fiscal constitution. Cambridge, MA: Cambridge University Press.
5. Carrion-i-Silvestre, J.L., Espasa, M., and Mora, T., 2008. Fiscal decentralisation in Spain. Public finance review, 36 (2), 194-218.
6. Davoodi, H. and Zou, H., 1998. Fiscal decentralization and economic growth: a cross-country study. Journal of urban economics, 43, 244-257.
7. Fischer, S., 1993. The role of macroeconomic factors in growth. Journal of monetary economics, 32, 485-512.
8. General Statistics Office, 2009. Statistical Yearbook 2008. Hanoi: Statistical Publishing House.
9. Iimi, A., 2005. Decentralization and economic growth revisited: an empirical note. Journal of urban economics, 57, 449-461.
10. Jin, J. and Zou, H., 2005. Fiscal decentralization, revenue and expenditure assignments, and growth in China. Journal of Asian Economics, 16, 1047-1064.
11. Lin, J.Y. and Liu, Z., 2000. Fiscal decentralization and economic growth in China. Economic development and cultural change, 49, 1-21.
12. Martinez-Vazquez, J.L. and McNab, R.M., 2003. Fiscal decentralization and economic growth. World development, 31 (9), 1597-1616.
13. Martinez-Vazquez, J.L. and Rider, M., 2005. Fiscal decentralisation and economic growth: a comparative study of China and India. Working Paper No. 05-19. USA: Georgia State University.
14. MOF, 2008. State Budget final accounts for 2001 [online]. Available from: http://www.mof.gov.vn [Accessed 12 September 2008].
15. Neyapti, B., 2004. Fiscal decentralization, central bank independence and inflation: a panel investigation. Economics letters, 82, 227-230.
16. Oates, W.E., 1993. Fiscal decentralization and economic development. Working Paper No. 93-4. USA: University of Maryland.
17. Oates, W., 2007. On the theory and practice of fiscal decentralisation [online]. CREI Working Paper No. 1/2007. Available from: http://host.uniroma3.it/centri/crei/pubblicazioni.html [Accessed 15 September 2009].
18. Tanzi, V., 1995. Fiscal federalism and decentralization: a review of some efficiency and macroeconomic aspects. In: M. Bruno and B. Pleskovic, eds. Annual World Bank Conference on Development Economics. Washington, DC: The World Bank, 295-316.
19. Ter-Minassian, T., 1997. Intergovernmental fiscal relations in a macroeconomic perspective: an overview. In: T. Ter-Minassian, ed. Fiscal federalism in theory and practice. Washington, DC: International Monetary Fund, 3-24.
20. Thieben, U., 2003. Fiscal decentralisation and economic growth in high-income OECD countries. Fiscal studies, 24 (3), 237-274.
21. Thornton, J., 2007. Fiscal decentralization and economic growth reconsidered. Journal of urban economics, 61, 64-70.
22. Usui, N., 2007. Critical issues of fiscal decentralization. ERD Technical Notes Series No. 21. Manila: Asian Development Bank.
23. Vietnam Development Report, 2009. Capitalmatters.World Bank Report to the Vietnam Consultative Group Meeting, December 4-5, 2008. Hanoi: The World Bank.
24. Vo, D.H., 2006. Fiscal decentralisation index: the international comparison. Western Australia, Economics Program, UWA Business School. Perth: The University of Western Australia.
25. Vo, D.H., 2008a. Fiscal decentralisation indices: a comparison of two approaches. Rivista di diritto finanziario e scienza delle finanze, LXVII, 3 (1), 295-323.
26. Vo, D.H., 2008b. The economics of measuring fiscal decentralisation. The University of Western Australia Discussion Paper No. 08.13. Perth: The University of Western Australia.
27. Vo, D.H., 2009. Fiscal decentralisation in Vietnam: lessons from selected Asian nations. Journal of Asia Pacific economy, 14 (4), 399-419.
28. Woller, G.M. and Phillips, K., 1998. Fiscal decentralization and LDC growth: an empirical investigation. Journal of development studies, 34 (4), 138-148.
29. Xie, D., Zou, H. and Davoodi, H., 1999. Fiscal decentralization and economic growth in the United States. Journal of urban economics, 45, 228-239.
30. Yilmaz, S., 1999. The impact of fiscal decentralisation on macroeconomic performance. National Tax Association, Proceedings of the 92nd annual conference on taxation, 24-26 October 1999, Atlanta, 251-260. Washington, DC: National Tax Association.
31. Zhang, T. and Zou, H., 1998. Fiscal decentralization, public spending, and economic growth in China. Journal of public economics, 67, 221-240.