Federalism, Fertility, and Growth

Federalism, Fertility and Growth

This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be lower or higher under federalism...

Fiscal federalism and economic growth

This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows publicgood levels to be tailored to suit the differing demands of young and old consumers, who live in different jurisdictions, increases the incentive to save. This stronger incentive in turn leads to a...

Reviving Leviathan: Fiscal Federalism and the Growth of Government

This paper revisits the influential “Leviathan” hypothesis, which posits that tax competition limits the growth of government spending in decentralized countries. It uses panel data to examine the effect of fiscal decentralization over time within countries, attempting to distinguish between decentralization that is funded by intergovernmental transfers and local taxation. First, it sets out a ...

Fiscal Federalism and Economic Growth Process in Nigeria

Nigeria as a nation operates a federal structure of government, federalism refers the existence in one country of more than one level of government, each with different expenditure responsibilities and taxing powers. The major aim of this study is to asses the impact of revenue allocation on economic growth in Nigeria. Secondary data employed in this study were assembled from CBN statistics, Na...

Cost-benefit federalism: reconciling collective action federalism and libertarian federalism in the Obamacare litigation and beyond.