EconPapers    
Economics at your fingertips  
 

Intraregional (Local) Fiscal Decentralization and Investment in Fixed Assets in Russia

E. N. Timushev ()
Additional contact information
E. N. Timushev: Institute of Socio-Economic and Energy Problems of the North of the Federal Research Center, Komi Science Center, Ural Branch, Russian Academy of Sciences

Studies on Russian Economic Development, 2021, vol. 32, issue 1, 87-97

Abstract: Abstract— The article shows that the effect of local fiscal decentralization on investment is characterized by an inverted U-shaped relationship. According to data for 2009–2016, the greatest incentives for private investment in the regions of Russia appeared with expenditure and revenue decentralization equal to 33–36%. However, the overall level of investment is higher precisely with revenue decentralization. The loss of private investment due to a lack of local authority could reach 6.5 thousand rubles/person.

Keywords: expenditure decentralization; revenue decentralization; private investment; nonlinear dependence; local budget; quantile regression (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1134/S1075700721010147 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:sorede:v:32:y:2021:i:1:d:10.1134_s1075700721010147

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700721010147

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-05-12
Handle: RePEc:spr:sorede:v:32:y:2021:i:1:d:10.1134_s1075700721010147