Ist die Finanzpolitik der Bundesländer nachhaltig?
Rosenschon Astrid (a.rosenschon@ifw.uni-kiel.de)
Additional contact information
Rosenschon Astrid: Institut für Weltwirtschaft an der Universität Kiel, D – 24100 Kiel
Zeitschrift für Wirtschaftspolitik, 2004, vol. 53, issue 1, 3-27
Abstract:
The paper deals with the issue in how far the fiscal policy of the German Laender can be considered as sustainable. Comparing the fiscal policy stance and the budgets of the 16 German states, only Bavaria and Saxony are pursuing a fiscal policy which may be labelled as sustainable. The other states did not succeed in their attempt to stabilize, least of all to reduce, their public debt relative to their GDP. The greatest deviation from a sustainable budget is reported for Berlin with a “non-sustainability gap” of 6.38 per cent of GDP, followed by Saxony-Anhalt (1.77 per cent of GDP). The latter holds the largest debt ratio among German non-city states. Bremen and Saarland are exceptional cases; both did not have a “non-sustainability gap” in 2001 but, at the same time, receive federal funds since 1994 which are earmarked to redeem former excessive debts.
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://doi.org/10.1515/zfwp-2004-0102 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:lus:zwipol:v:53:y:2004:i:1:p:3-27:n:2
Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/zfwp/html
DOI: 10.1515/zfwp-2004-0102
Access Statistics for this article
Zeitschrift für Wirtschaftspolitik is currently edited by Juergen B. Donges, Steffen J. Roth, Achim Wambach and Christian Watrin
More articles in Zeitschrift für Wirtschaftspolitik from De Gruyter
Bibliographic data for series maintained by Peter Golla (peter.golla@degruyter.com).