Equalization of fiscal capacities of municipalities: current problems

T.V. Sumskaya

Journal "Region: Economics and Sociology", 2009, vol. 2

Abstract: The paper analyses the issues of how regional and local budgets can interplay to generate a financial base for local authorities. The author evaluates the structures of local budgets and the indices calculated for local budgets dissimilarity before and after transfers from regional budgets; offers a technique of how to identify which area mostly influence on the dissimilarity indices calculated after transfers from superior budgets; analyzes how grant transfers and local revenues correlate; and estimates a marginal effect of increased taxes received by local budgets

Keywords: local governance; revenues and expenditures of local budget; subfederal fiscal policy; intergovernmental relations (search for similar items in EconPapers)
Date: 2009
Note: Regional Policy and Economic Issues of Federalism
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2009-2_4

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