Resumen de Fiscal decentralisation and economic growth in Spain

Josep Lluís Carrión i Silvestre, Marta Espasa Queralt, Toni Mora

• The aim of this paper is to empirically analyze the contribution of the Spanish fiscal decentralisation process to economic growth. Its impact on both the global economy and regional growth is estimated. A panel data approach is applied. Our main conclusion is that the process of decentralisation of responsibilities to Autonomous Communities has had a positive effect on both global and regional economic growth.