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ROLES OF EQUALIZATION POLICIES TOWARDS THE REDUCTION OF REGIONAL DISPARITIES: A REALITY CHECK APPROACH OF ECONOMIC DEVELOPMENT |
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| รหัสดีโอไอ | |
| Creator | Yan Jie, Qurat ul Ain, Tahir Yousaf, Yasmeen Akhtar |
| Title | ROLES OF EQUALIZATION POLICIES TOWARDS THE REDUCTION OF REGIONAL DISPARITIES: A REALITY CHECK APPROACH OF ECONOMIC DEVELOPMENT |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2562 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 10 |
| Journal No. | 14 |
| Page no. | 10A14G: 1-21 |
| Keyword | Economic development, Fiscal decentralization, Regional Disparities, Fiscal Equalization, Instrument variables. |
| URL Website | http://tuengr.com/Vol10_14.html |
| Website title | ITJEMAST V10(14) 2019 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | Using a province-level panel dataset from 1990-2015, this paper determines the effect of fiscal decentralization (FD) and equalization efforts on the regional disparities (RD) in Pakistan. However, the FD provides substantial benefits about public efficiency; a significant large shortcoming is that it may increase in Regional disparities. This study develops hypotheses and empirically determines that FD, measured from revenue and expenditure side, leads to larger RD at the provincial level. Whereas, fiscal equalization efforts tend to alleviate the unfavorable outcomes of decentralization. This research is an attempt to examine and provide enough support for the potential cost associated with using FD as a part of the growth strategy, which is a step forward toward economic development. |
