Regional Income Redistribution and Risk-Sharing: Lessons from Argentina

Walter Cont, Alberto Porto and Pedro Juarros ()

Journal of Applied Economics, 2017, vol. 20, issue 2, 241-269

Abstract: This paper estimates redistribution and risk-sharing across provinces in Argentina during the 1995–2010 period as a result of the national budget. We find that the aggregate national budget (expenditure, transfers and their corresponding revenues) reduces differences in the per capita provincial Gross Geographic Product by 5% in the long term, and stabilizes such differences by 10%. The redistributive tool is national expenditure, while automatic intergovernmental transfers are almost neutral and tax revenues amplify regional disparities. The quantitative effects are somewhat modest in comparison with those achieved in developed countries. Regressive taxation is the key difference with developed countries.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.1016/S1514-0326(17)30011-9 (text/html)
Access to full text is restricted to subscribers.

Related works:
Journal Article: Regional income redistribution and risk-sharing: Lessons from Argentina (2017)
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:taf:recsxx:v:20:y:2017:i:2:p:241-269

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/recs20

DOI: 10.1016/S1514-0326(17)30011-9

Access Statistics for this article

Journal of Applied Economics is currently edited by Jorge M. Streb

More articles in Journal of Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().