Abstract

This study aims to examine the asymmetric effects of fiscal decentralisation and institutional quality on government size for selected Asian economies. The study employs asymmetric autoregressive distributed lag (ARDL) methodology by using time series data ranging from the period 1984 to 2017. The results show that positive shocks in expenditures decentralisation (ED) enhance government size in Japan, Kazakhstan, Thailand, Turkey, and reduces it in Korea, Rep. in the long-run. While negative shock in ED reduces government size in Pakistan, Thailand, Turkey and increases it in Kazakhstan and Mongolia in the long-run. Whereas asymmetric results in the long-run show that a positive shock in revenue decentralisation (RD) increases government size in Pakistan, Japan, Kazakhstan, Thailand, and Turkey, and a negative shock in RD decreases government size in Pakistan, Mongolia, Thailand, and Turkey. Our asymmetric results of institutional quality are also country-specific.

摘要

本研究旨在研究选定亚洲经济体的财政分权和制度质量对政府规模的不对称影响。该研究通过使用 1984 年至 2017 年期间的时间序列数据，采用了不对称自回归分布滞后 (ARDL) 方法。结果表明，支出分权 (ED) 的积极冲击扩大了日本、哈萨克斯坦、泰国、土耳其的政府规模，并减少了从长远来看，它在韩国，共和国。虽然 ED 的负面冲击会减少巴基斯坦、泰国、土耳其的政府规模，但从长远来看会增加哈萨克斯坦和蒙古的政府规模。鉴于长期的不对称结果表明，收入分权 (RD) 的正面冲击会增加巴基斯坦、日本、哈萨克斯坦、泰国和土耳其的政府规模，RD 的负面冲击会缩小巴基斯坦、蒙古、泰国和土耳其的政府规模。我们的制度质量不对称结果也因国家而异。