Fiscal Decentralization, Local Government Efficiency and Economic Growth: A Cross-provincial Analysis
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Abstract
The purposes of this research were to study the impacts of fiscal decentralization and the efficiency of local administrative organizations (LAOs) on economic growth, and to provide policy recommendations to promote economic growth. The unit of analysis was defined as the province. This study was conducted between the years 2010 - 2017 using the research sample of 76 provinces nationwide (excepting Bueng Kan province). The results of the correlation test with the economic growth model revealed that the fiscal decentralization variables excluding supporting grants had negative correlation with economic growth, but the correlation was not statistically significant. Whereas the fiscal decentralization variables that included supporting grants had positive correlation with economic growth which was statistically significant. As a result, the guidelines for provision of appropriate supporting grants to LAOs were discussed in this research in order to support economic growth. As for the variable on technical efficiency of the LAOs, it was found to have negative correlation with economic growth but the correlation was not statistically significant. Finally, the policy recommendations for promotion of economic growth were the following: the creation of balance for fiscal decentralization in terms of revenue and expenditure; the increase of revenues for LAOs; and the enhancement of the efficiency of human resources and public utilities.
Article Details
1. กองบรรณาธิการสงวนสิทธิ์ในการพิจารณาและตัดสินการตีพิมพ์บทความในวารสาร
2. บทความทุกเรื่องจะได้รับการตรวจสอบทางวิชาการโดยผู้ทรงคุณวุฒิ แต่ข้อความและเนื้อหาในบทความที่ตีพิมพ์เป็นความรับผิดชอบของผู้เขียนแต่เพียงผู้เดียว มิใช่ความคิดเห็นและความรับผิดชอบของมหาวิทยาลัยศรีปทุม
3. การคัดลอกอ้างอิงต้องดำเนินการตามการปฏิบัติในหมู่นักวิชาการโดยทั่วไป และสอดคล้องกับกฎหมายที่เกี่ยวข้อง
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