scholarly journals Fiscal decentralization, institutional quality, and government size: an asymmetry analysis for Asian economies

2021 ◽  
pp. 1-15
Author(s):  
Sidra Sohail ◽  
Sana Ullah ◽  
Attiya Yasmin Javid
Keyword(s):  
Fiscal Decentralization ◽  
Institutional Quality ◽  
Government Size ◽  
Asymmetry Analysis ◽  
Asian Economies

scholarly journals Fiscal Decentralization, Institutional Quality, and Government Size: An Asymmetry Analysis for Asian Economies

2020 ◽  
Author(s):  
Sidra Sohail ◽  
Sana Ullah ◽  
Ilhan Ozturk ◽  
Attiya Yasmin Javid
Keyword(s):  
Time Series Data ◽  
Fiscal Decentralization ◽  
Institutional Quality ◽  
Policy Implications ◽  
Series Data ◽  
Government Size ◽  
Distributed Lag ◽  
Long Run ◽  
Positive Shock ◽  
Negative Shock

Abstract The aim of this study is to examine the asymmetric effects of fiscal decentralization and institutional quality on government size by employing asymmetric autoregressive-distributed lag (ARDL) methodology by using the time series data of Asain economies from 1984 to 2017. The results show that positive shocks in expenditures decentralization (ED) enhance government size in Japan, Kazakhstan, Thailand, Turkey, and reduces it in Korea, Rep. in long run. While negative shock in ED reduces government size in Pakistan, Thailand, Turkey and increases it in Kazakhstan and Mongolia in long run. Whereas asymmetric results in the long show that a positive shock in revenue decentralization (RD) increase government size in Pakistan, Japan, Kazakhstan, Thailand, and Turkey, and a negative shock in RD is also decreased government size in Pakistan, Mongolia, Thailand, and Turkey. The results also disclosed that positive shock in institutional quality (IQ) increases government size in Azerbaijan, Japan, Thailand and negative shock in IQ also increases government size in Pakistan, Azerbaijan, Japan, Kazakhstan, Thailand, in the long run. While short-run asymmetric results of fiscal decentralization and institutional quality on government size have robust in the public sector. Based on the empirical outcomes, some economic policy implications are proposed for the provincial and federal governments of Asain economies.

Sectoral analysis of productivity in the developing and developed economies of Asia-Pacific

2019 ◽  
Vol 13 (1) ◽  
pp. 37-71
Author(s):  
Pami Dua ◽  
Niti Khandelwal Garg
Keyword(s):  
Technological Progress ◽  
Developing Economies ◽  
Trade Openness ◽  
Institutional Quality ◽  
Asia Pacific ◽  
Government Size ◽  
Financial Openness ◽  
Content Type ◽  
Developed Economies ◽  
The Impact

Purpose The study aims to empirically investigate the trends and determinants of labour productivity of the two broad sectors –industry and services – and their components, namely, manufacturing and market services sectors, in the case of major developing and developed economies of Asia-Pacific over the period 1980-2014 and make a comparison thereof. Design/methodology/approach The study uses econometric methodology of panel unit root tests, panel cointegration and group-mean full modified ordinary least squares (FMOLS). Findings The study finds that while capital deepening, government size, institutional quality, productivity of the other sector and financial openness affect productivity of all the sectors significantly, the impact of human capital and trade openness varies across sectors in the case of developing economies. Furthermore, the impact of technological progress becomes significant in the post-liberalization reforms period in the developing economies. The study further finds that capital deepening, human capital, government size, institutional quality, productivity of the other sector, government size and trade openness are significant determinants of productivity of all sectors of developed economies under consideration. However, the impact of technological progress is stronger for manufacturing sector than services and its components. Furthermore, while both equity and debt liabilities (as measures of financial openness) influence sectoral productivity of industry and manufacturing sectors positively and significantly in case of developed economies, only equity liabilities have a significant influence on the productivity of developing economies. This may indicate existence of more developed financial markets in the case of developed economies. Originality/value The study identifies important structural differences in determinants of productivity both across sectors and across developing and developed economies of Asia-Pacific.

scholarly journals The Role of Law Enforcement on Moderating the Relationship between Government Size, Fiscal Decentralization, Audit Finding and Corruption

2022 ◽  
Vol 10 (1) ◽  
pp. 211-218
Author(s):  
Khoirul Aswar ◽  
Ermawati Ermawati ◽  
Jumansyah Jumansyah ◽  
Mahendro Sumardjo ◽  
Anita Nopiyanti
Keyword(s):  
Law Enforcement ◽  
Fiscal Decentralization ◽  
Government Size ◽  
The Relationship

scholarly journals Fiscal decentralization and government size: The role of democracy

2019 ◽  
Vol 59 ◽  
pp. 316-330 ◽  
Author(s):  
Mo Qiao ◽  
Siying Ding ◽  
Yongzheng Liu
Keyword(s):  
Fiscal Decentralization ◽  
Government Size

scholarly journals The Impact of the Technological Capability of a Host Country on Inward FDI in OECD Countries: The Moderating Roles of Institutional Quality

2020 ◽  
Vol 12 (22) ◽  
pp. 9711
Author(s):  
Seunghyun Kim ◽  
Byungchul Choi
Keyword(s):  
Host Country ◽  
Fixed Effects ◽  
Institutional Quality ◽  
Oecd Countries ◽  
Technological Capability ◽  
Government Size ◽  
Fixed Effects Regression ◽  
The Impact ◽  
Dynamic Links

This empirical study explores the impacts of technological capability on inward foreign direct investment (FDI) with the moderations of institutional quality. We extend the existing literature by contributing the dynamic links between technology trade and institutional quality by using the panel data of 35 Organization for Economic Cooperation and Development (OECD) countries between 2000 and 2015. Based on fixed-effects regression, our results show that there is a U-shape relationship between the net technological capability of a host country and inward FDI. In addition, the institutional quality of a host country, government size and regulation have positive moderations, whereas sound money accessibility and legal system and property protection have negative moderations on the main U-shape relationship. Our study contributes to the literature on the determinants of inward FDI in the context of technological capabilities and institutional quality.

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