재정분권화와 지역경제성장간의 인과관계

목차

Ⅰ. 머리말

Ⅱ. 재정분권화 변수 및 분석모형

Ⅲ. 재정분권화와 지역경제성장간의

인과관계 분석

Ⅳ. 맺음말

본문내용

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Abstract
Causality between Fiscal Decentralization and Regional Economic Growth
Byung-Geun Moon & Jin-Hyeon Jeong
The main objective of this paper has been to provide evidence on the causal relationship between fiscal decentralization and regional economic growth in Korea. In a causal model of Granger's type, I have demonstrated the existence of causality and the size of effect between fiscal decentralization and regional economic growth using the pooling data set of metropolitan cities and provinces for the period 1985-1999.
In the case of metropolitan cities and provinces, the results have been bilateral causality between fiscal decetralization and regional economic growth. The total multiplier from fiscal decentralization to regional economic growth has been positive. But the multiplier from reginal economic growth to fiscal decentralization has been negative.
In the case of metropolitan cities, the results have been bilateral causality between fiscal decetralization and regional economic growth . The total multiplier from fiscal decentralization to regional economic growth has been positive. But the multiplier from reginal economic growth to fiscal decentralization has been negative.
In the case of provinces, the results have been bilateral causality between fiscal decetralization and regional economic growth. But in this case the total multiplier from fiscal decentralization to regional economic growth has been positive. Also the multiplier from reginal economic growth to fiscal decentralization has been positve.
Causality from regional economic growth to fiscal decentralizationis in the case of metropolitan cities is differed from that in the case of provinces. It has been caused from the trend of policy. The trend of policy is expanding fiscal capacity in the provinces and reducing fiscal capacity in the metropolitan cities in according as regional economy has been growing.
In Korea the total multiplier from fiscal decentralization to regional economic growth has been positive all in the three cases. The emperical results of this study seem to suggest that fiscal decentralization may be profitable for regional economic growth.

키워드

재정,   분권화,   지역경제