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Redistributive fiscal policies and regional economic disparities

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Redistributive fiscal policies and regional economic disparities. / Olayele, B.F.; Soo, K.T.

In: Cogent Economics and Finance, Vol. 8, No. 1, 1853326, 31.12.2020.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Olayele BF, Soo KT. Redistributive fiscal policies and regional economic disparities. Cogent Economics and Finance. 2020 Dec 31;8(1):1853326. Epub 2020 Dec 8. doi: 10.1080/23322039.2020.1853326

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Olayele, B.F. ; Soo, K.T. / Redistributive fiscal policies and regional economic disparities. In: Cogent Economics and Finance. 2020 ; Vol. 8, No. 1.

Bibtex

@article{3060ef08ab914f019823eb529a239f46,
title = "Redistributive fiscal policies and regional economic disparities",
abstract = "Finding a definitive answer to the question of whether fiscal redistribution is harmful or beneficial for regional economic performance is not straightforward. This paper disentangles the key components of fiscal redistribution in a regional Canada-US setting. Redistributive spending is calibrated as the difference between pretax personal income, and personal income after federal taxes and transfers. Based largely on fixed effects and dynamic panel methods, our findings support the battery of studies on the mixed evidence concerning the relationship between fiscal redistribution and per capita income. To the extent that results are sensitive to estimation methods and functional specifications, the study underscores the importance of unbundling the components of a redistributive fiscal package in a bid to establish optimal thresholds for effective policy interventions.",
keywords = "federalism, fiscal policies, redistribution, regional economy",
author = "B.F. Olayele and K.T. Soo",
year = "2020",
month = dec,
day = "31",
doi = "10.1080/23322039.2020.1853326",
language = "English",
volume = "8",
journal = "Cogent Economics and Finance",
issn = "2332-2039",
publisher = "Taylor and Francis Ltd.",
number = "1",

}

RIS

TY - JOUR

T1 - Redistributive fiscal policies and regional economic disparities

AU - Olayele, B.F.

AU - Soo, K.T.

PY - 2020/12/31

Y1 - 2020/12/31

N2 - Finding a definitive answer to the question of whether fiscal redistribution is harmful or beneficial for regional economic performance is not straightforward. This paper disentangles the key components of fiscal redistribution in a regional Canada-US setting. Redistributive spending is calibrated as the difference between pretax personal income, and personal income after federal taxes and transfers. Based largely on fixed effects and dynamic panel methods, our findings support the battery of studies on the mixed evidence concerning the relationship between fiscal redistribution and per capita income. To the extent that results are sensitive to estimation methods and functional specifications, the study underscores the importance of unbundling the components of a redistributive fiscal package in a bid to establish optimal thresholds for effective policy interventions.

AB - Finding a definitive answer to the question of whether fiscal redistribution is harmful or beneficial for regional economic performance is not straightforward. This paper disentangles the key components of fiscal redistribution in a regional Canada-US setting. Redistributive spending is calibrated as the difference between pretax personal income, and personal income after federal taxes and transfers. Based largely on fixed effects and dynamic panel methods, our findings support the battery of studies on the mixed evidence concerning the relationship between fiscal redistribution and per capita income. To the extent that results are sensitive to estimation methods and functional specifications, the study underscores the importance of unbundling the components of a redistributive fiscal package in a bid to establish optimal thresholds for effective policy interventions.

KW - federalism

KW - fiscal policies

KW - redistribution

KW - regional economy

U2 - 10.1080/23322039.2020.1853326

DO - 10.1080/23322039.2020.1853326

M3 - Journal article

VL - 8

JO - Cogent Economics and Finance

JF - Cogent Economics and Finance

SN - 2332-2039

IS - 1

M1 - 1853326

ER -