Essays on Fiscal Federalism in Ethiopia

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Date

2024-07-02

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AAU

Abstract

The dissertation comprises four essays focusing on empirical studies to uncover whether fiscal federalism (decentralization) promotes social public service provision, economic growth, economic development, and macroeconomic stability. Despite the efforts made by the government, rejoicing in the intended fruits of fiscal federalism has remained in vain and is becoming a prime policy issue in Ethiopia. Also, prior empirical studies exhibited inconclusive results. It put the plausibility of the studies into question. First, the study examined fiscal federalism's effect on public service provision in Ethiopia. The study adopted an explanatory research design. Considering ten Sub-National Governments (SNGs) from 2005 to 2018, it employed Partial Least Square Structural Equation Model (PLS-SEM). It also utilized Gaussian copula (GC) estimations since it helps to deal with potential endogeneity problems. The study showed that expenditure decentralization significantly fosters public service provision. However, revenue decentralization showed no significant role in enhancing public service provision. Besides, though expenditure decentralization has adversely affected SNGs' capacity, revenue decentralization positively contributes to SNGs' capacity. On the one hand, SNG's capacity plays a significant positive mediating role in the impact of revenue decentralization on public service provision. On the other hand, it negatively mediates the contribution of expenditure decentralization on public provision. secondly, the study examines the impact of fiscal decentralization on Ethiopia’s SNG economic growth. The study followed a quantitative research procedure employing data from 2008 to 2021. The units of analysis in the study are SNGs. The study used the two-step System General Method of Moments (SYS-GMM) of dynamic panel estimation because it resolves concerns such as endogeneity and heteroscedasticity. The study’s findings revealed that expenditure, revenue, and composite decentralization showed a significant negative effect on regional economic growth. iii Moreover, among the control variables, inflation and government size revealed a detrimental effect on regional economic growth. Thirdly, the study aimed to scrutinize the association between fiscal federalism and economic development in Ethiopia. By employing ten SNGs’ data over the period 2005–2018, the study used the PLS-SEM. The study found that revenue decentralization and Fiscal incentives significantly enhance economic development. Nevertheless, expenditure decentralization significantly deteriorated economic development. Besides, economic instability has an adverse moderating role on the contribution of revenue decentralization to economic development. Fourthly, the study aimed to investigate fiscal decentralization's effects on Ethiopia's SNGs macroeconomic stability. The study followed a causational research design employing data from 2005 to 2018. The units of analysis in the study are SNGs. The study utilized the two-step SYS-GMM model. The study findings revealed that revenue and composite decentralization significantly shielded macroeconomic instability. In contrast, expenditure and fiscal dependency are significantly aggravated macroeconomic instability. Besides, to grasp the shielding effect of revenue decentralization from macroeconomic instability, there should be incentive devices to boost SNG's tax collection efforts. Since capital and welfare expenditures exacerbate macroeconomic instability, the study urges the government to follow a contractionary fiscal policy by cutting its expenditures.

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