ترجمه مقاله نقش ضروری ارتباطات 6G با چشم انداز صنعت 4.0
- مبلغ: ۸۶,۰۰۰ تومان
ترجمه مقاله پایداری توسعه شهری، تعدیل ساختار صنعتی و کارایی کاربری زمین
- مبلغ: ۹۱,۰۰۰ تومان
ABSTRACT
Using country panel data from 2004 to 2012, we empirically analyze the effect of fiscal decentralization on the likelihood of business-friendly environments. Our results show that fiscal decentralization improves the business environment and the effect is strongest among lowerincome countries.
4. Conclusion
The importance of entrepreneurial activity on economic growth has been well studied, with the business environment playing a key role. In this paper, we analyzed an additional channel linking the business environment with entrepreneurial activity by estimating how decentralization serves as an important driver toward improving the regulatory processes to starting a business. Our findings confirm that while institutions matter, greater fiscal decentralization further enhances the business environment. This effect is especially strong among low-income countries. These results are encouraging to developing countries aiming to construct a path toward greater prosperity.