|
|
|
|
||||
|
||||
Income Inequality, Decentralisation and Regional Development in Western EuropeAndrés Rodríguez-PoseLondon School of Economics & Political Science (LSE) - Department of Geography and Environment John TomaneyNewcastle University Andy PikeNewcastle University Gianpiero TorrisiUniversity of Portsmouth - Faculty of Business - Department of Economics Vassilis TseliosLondon School of Economics & Political Science (LSE) - Department of Economics; Newcastle University - Centre for Urban and Regional Development Studies September 2011 CEPR Discussion Paper No. DP8575 Abstract: This paper deals with the relationship between decentralisation, regional economic development, and income inequality within regions. Using multiplicative interaction models and regionally aggregated microeconomic data for more than 100,000 individuals in the European Union (EU), it addresses two main questions. First, whether fiscal and political decentralisation in Western Europe has an effect on within regional interpersonal inequality. Second, whether this potential relationship is mediated by the level of economic development of the region. The results of the analysis show that greater fiscal decentralisation is associated with lower interpersonal income inequality, but as regional income rises, further decentralisation is connected to a lower decrease in inequality. This finding is robust to the measurement and definition of income inequality, as well as to the weighting of the spatial units by their population size.
Number of Pages in PDF File: 33 Keywords: Europe, fiscal and political decentralization, income inequality, income per capita, interaction, regions JEL Classification: D31, O15, O18, R13, R58 working papers seriesDate posted: September 21, 2011Suggested CitationContact Information
|
|
|||||||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo1 in 1.141 seconds
Add to Cart
