Fiscal federalism and economic development in Ethiopia: a moderating effect analysis of macroeconomics instability

References

• Baskaran, T., &Feld, L. P. (2013). Fiscal decentralization and economic growth in OECD countries. Public Finance Review, 41(4), 1–18. https://doi.org/10.1177/1091142112463726
   Google Scholar
• Beier, C., &Ferrazzi, G. (1998). Fiscal decentralization in Indonesia: A comment on smoke and lewis. World Development, 26(12), 2201–2211. https://doi.org/10.1016/S0305-750X(98)00116-8
   Web of Science ®Google Scholar
• Bird, R. M. (1999). Threading the fiscal labyrinth: Some issues in fiscal decentralization. Tax Policy in the Real World, 1–18. https://doi.org/10.1017/cbo9780511625909.009
   Google Scholar
• Blöchliger, H., Égert, B., & Fredriksen, K. (2013). Fiscal federalism and its impact on economic activity, public investment and the performance of educational systems. (OECD Economics Department Working Papers No. 1051). OECD Publishing.
   Google Scholar
• Boadway, R. (2005). The vertical fiscal Gap: Conceptions and misconceptions: In Canadian FISCAL ARRANGEMENTS. In H. Lazar (Ed.), What works, what might work better (pp. 51–80). McGill –Queens’s Pres.
   Google Scholar
• Boadway, R., & Tremblay, J. (2012). Reassessment of the Tiebout model. Journal of Public Economics, 96(11–12), 1063–1078. https://doi.org/10.1016/j.jpubeco.2011.01.002
   Web of Science ®Google Scholar
• Brennan, G., & Buchanan, J. (1980). Power to tax: Analytical foundations of a fiscal constitution. Cambridge University Press.
   Google Scholar
• Bushashe, M. A., & Bayiley, Y. (2023b). The effect of fiscal decentralization on economic growth in sub-national governments of Ethiopia: A two-step system general methods of moments (GMM) approach. Public and Municipal Finance, 12(2), 32–42. https://doi.org/10.21511/pmf.12(2).2023.03
   Google Scholar
• Bushashe, M. A. (2023). Determinants of private banks performance in Ethiopia: A partial least square structural equation model analysis (PLS-SEM). Cogent Business & Management, 10(1). https://doi.org/10.1080/23311975.2023.2174246
   Web of Science ®Google Scholar
• Bushashe, M. A., & Bayiley, Y. (2023a). Fiscal decentralization and macroeconomics stability nexus: Evidence from the sub-national governments context of Ethiopia. Cogent Economics & Finance, 11(2). https://doi.org/10.1080/23322039.2023.2244353
   Web of Science ®Google Scholar
• Bushashe, M. A., & Bayiley, Y. (2023c). Fiscal federalism and public service provision in Ethiopia: A mediating role of sub-national governments capacity. Cogent Economics & Finance, 11(2). https://doi.org/10.1080/23322039.2023.2255496
   Web of Science ®Google Scholar
• Davoodi, H., & Zou, H. (1998). Fiscal decentralization and economic growth: A cross-country study. Journal of Urban Economics, 43(2), 244–257. https://doi.org/10.1006/juec.1997.2042
   Web of Science ®Google Scholar
• Garson, G. D. (2016). Partial least squares regression and structural equation models. Statistical Associates.
   Google Scholar
• Gisore, M. (2022). Fiscal decentralization and economic growth: The Kenyan experience. Journal of Somali Studies, 9(2), 59–82. https://doi.org/10.31920/2056-5682/2022/v9n2a3
   Google Scholar
• Hair, J. F., Hult, G. T. M., Ringle, C. M., Sarstedt, M., Danks, N. P., & Ray, S. (2021). Partial least squares structural equation modeling (PLS-SEM) using R. Springer.
   Google Scholar
• Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2017). A primer on partial least squares structural equation modeling (PLS-SEM). Sage.
   Google Scholar
• Henseler, J.,Ringle, C. M., &Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/s11747-014-0403-8
   Web of Science ®Google Scholar
• Hung, N. T., & Thanh, S. D. (2022). Fiscal decentralization, economic growth, and human development: Empirical evidence. Cogent Economics & Finance, 10(1). https://doi.org/10.1080/23322039.2022.2109279
   Web of Science ®Google Scholar
• Iimi, A. (2005). Decentralization and economic growth revisited: An empirical note. Journal of Urban Economics, 57(3), 449–461. https://doi.org/10.1016/j.jue.2004.12.007
   Web of Science ®Google Scholar
• Jin, H., Qian, Y., & Weingast, B. R. (2005). Regional decentralization and fiscal incentives: Federalism, Chinese style. Journal of Public Economics, 89(9–10), 1719–1742. https://doi.org/10.1016/j.jpubeco.2004.11.008
   Web of Science ®Google Scholar
• Khalid, A. M. (2017). Combining macroeconomic stability and micro-based growth: The South East Asia/Asia Pacific experience. The Lahore Journal of Economics, 22(Special Edition), 135–152. https://doi.org/10.35536/lje.2017.v22.isp.a6
   Google Scholar
• Lechner da Silva, Á., & De Brito Gadelha, S. R. (2022). Fiscal federalism, fiscal decentralization, and economic growth in Brazil: 1954 - 2018. Cadernos De Financas, 22(02). https://doi.org/10.55532/1806-8944.2022.182
   Google Scholar
• Lin, J., & Liu, Z. (2000). Fiscal decentralization and economic growth in China. Economic Development and Cultural Change, 49(1), 1–21. https://doi.org/10.1086/452488
   Web of Science ®Google Scholar
• Liu, L. C. (2017). Fiscal decentralization, public governance, and economic performance examination of two PLS-SEM models. Taiwan Journal of Democracy, 13(2), 55–72. http://www.tfd.org.tw
   Google Scholar
• Malik, S., Hassan, M., & Hussain, S. (2006). Fiscal decentralization and economic growth in Pakistan. The Pakistan Development Review, 45(4II), 845–854. https://doi.org/10.30541/v45i4IIpp.845-854
   Google Scholar
• Martinez-Vazquez, J., & McNab, R. M. (2003). Fiscal decentralization and economic growth. World Development, 31(9), 1597–1616. https://doi.org/10.1016/s0305-750x(03)00109-8
   Web of Science ®Google Scholar
• Mose, N. (2021). Fiscal decentralization and economic growth. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3988647
   Google Scholar
• Nguyen, P. D., Vo, D. H., Ho, C. M., & Vo, A. T. (2019). Fiscal decentralization and economic growth across provinces: new evidence from Vietnam using a novel measurement and approach. Journal of Risk and Financial Management, 12(3), 143. https://doi.org/10.3390/jrfm12030143
   Web of Science ®Google Scholar
• Oates, W. E. (1972). Fiscal decentralization. Harcourt Brace Jovanovich, Inc.
   Google Scholar
• Oates, W. E. (2005). Toward a second-generation theory of fiscal federalism. International Tax and Public Finance, 12(4), 349–373. https://doi.org/10.1007/s10797-005-1619-9
   Web of Science ®Google Scholar
• Ocampo, J. A. (2008). A broad view of macroeconomic stability. The Washington Consensus Reconsidered. 63–94. https://doi.org/10.1093/acprof:oso/9780199534081.003.0006
   Google Scholar
• Osmani, R., & Tahiri, A. (2022). Fiscal decentralization and local employment growth: Empirical evidence from Kosovo’s municipalities. Series V - Economic Sciences, 63–74. https://doi.org/10.31926/but.es.2022.15.64.1.7
   Google Scholar
• Philip, A. T., & Isah, S. (2012). An analysis of the effect of fiscal decentralization on economic growth in Nigeria. International Journal of Humanities and Social Science, 2(8), 141–149. fromhttp://www.ijhssnet.com
   Google Scholar
• Rodríguez-Pose, A., & Ezcurra, R. (2010). Is fiscal decentralization harmful to economic growth? Evidence from the OECD countries. Journal of Economic Geography, 11(4), 619–643. https://doi.org/10.1093/jeg/lbq025
   Web of Science ®Google Scholar
• Rodríguez-Pose, A., & Krøijer, A. (2009). Fiscal decentralization and economic growth in Central and Eastern Europe. Growth and Change, 40(3), 387–417. https://doi.org/10.1111/j.1468-2257.2009.00488.x
   Web of Science ®Google Scholar
• Siddik, M. N. (2023). Does macroeconomic stability promote economic growth? Some econometric evidence from SAARC countries. Asian Journal of Economics and Banking, 7(3), 358–379. https://doi.org/10.1108/AJEB-05-2022-0052
   Google Scholar
• Siliverstovs, B., & Thiessen, U. (2015). Incentive effects of fiscal federalism: Evidence for France. Cogent Economics & Finance, 3(1). https://doi.org/10.1080/23322039.2015.1017949
   Google Scholar
• Su, D. T., Hoai, B. T., & Lam, D. M. (2014). The nexus between fiscal policy and sustained economic growth. Vietnamese Journal of Economic Development, 280, 2–21.
   Google Scholar
• Syamsul, T. M. (2003). Fiscal decentralization and economic development: A cross-country empirical study. Forum of International Development Studies, 8(24), 245–271.
   Google Scholar
• Tesfai, G. (2015). The practice of fiscal federalism in Ethiopia: A critical assessment 1991-2012. An institutional approach [Doctoral dissertation, University of Fribourg].
   Google Scholar
• Tiebout, C. M. (1956). A pure theory of local expenditures. Journal of Political Economy, 64(5), 416–424. https://doi.org/10.1086/257839
   Web of Science ®Google Scholar
• Wingiest, B. R. (2009). Second generation fiscal federalism: The implications of fiscal incentives. Journal of Urban Economics, 65(3), 279–293. https://doi.org/10.1016/j.jue.2008.12.005
   Web of Science ®Google Scholar
• Xiao, Q., Lin, T., & Ma, Y. (2022). Fiscal decentralization, economic policy uncertainty, and high-quality economic development: An empirical study based on systematic GMM [Paper presentation]. Proceedings of the 2022 International Conference on Computer Science, Information Engineering and Digital Economy (CSIEDE 2022). https://doi.org/10.2991/978-94-6463-108-1_64
   Google Scholar