 Expenditure-Based Equalization TransfersRichard Bird and Francois Vaillancourt Chapter Chapter 9 in Fiscal Equalization, 2007, pp 259-289 from Springer Abstract: Abstract Intergovernmental transfers are a major source of revenue for sub-national (regional and local) governments (hereafter SNG), representing 60 percent of their total revenue for developing countries and 33 percent for OECD countries (Shah, 2004). The continued and growing decentralization observed in many countries calls for a better understanding of the design, role and impact of fiscal transfers. Prominent among the objectives commonly attributed to intergovernmental fiscal transfers is ‘equalization’ although exactly what this term means is often rather obscure and may differ from country to country or even over time within any one country. Our focus in this paper is on those transfers specifically labeled as equalization transfers, and in particular on the extent to which and the method by which differences in expenditure ‘needs’ can and should be formally incorporated into such transfers. Keywords: Equalization Scheme; Fiscal Decentralization; Gross Regional Product; Equalization Transfer; Horizontal Equity (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-48988-9_11 Ordering information: This item can be ordered from DOI: 10.1007/978-0-387-48988-9_11 Access Statistics for this chapter More chapters in Springer Books from Springer |
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