The Model of Budgetary Federalism in India: Similarities and Differences Comparing to Russia

Anna A. Mikhaylova () and Vladimir V. Klimanov ()
Additional contact information
Anna A. Mikhaylova: Institute for Public Finance Reform, Moscow, Russia; Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russia
Vladimir V. Klimanov: Institute for Public Finance Reform, Moscow, Russia; Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russia

Finansovyj žhurnal — Financial Journal, 2018, issue 1, 61-70

Abstract: The article compares the Indian and Russian models of fiscal federalism and defines main similarities and differences of these models. It also considers the types of intergovernmental fiscal transfers in each country and draws conclusions about the inter-country differences in their provision. The authors determined that not only intergovernmental fiscal transfers, but also revenues from the state taxes share in the tax revenues of the central government play an important role in the revenue side of the state budgets.

Keywords: fiscal federalism; intergovernmental transfers; tax revenues; India; Russian Federation (search for similar items in EconPapers)
JEL-codes: E62 H71 H77 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.nifi.ru/images/FILES/Journal/Archive/20 ... _1/fm_2018_1__05.pdf (application/pdf)

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:fru:finjrn:180105:p:61-70

DOI: 10.31107/2075-1990-2018-1-61-70

Access Statistics for this article

Finansovyj žhurnal — Financial Journal is currently edited by Vladimir S. Nazarov

More articles in Finansovyj žhurnal — Financial Journal from Financial Research Institute, Moscow 125375, Russia Contact information at EDIRC.
Bibliographic data for series maintained by Gennady Ageev ().