Vertical Fiscal Imbalance and the Reallocation of Tax Fields in Canada

1993 ◽  
Vol 19 (2) ◽  
pp. 194 ◽  
Author(s):  
G. C. Ruggeri ◽  
D. Van Wart ◽  
G. K. Robertson ◽  
R. Howard
Keyword(s):  
Fiscal Imbalance ◽  
Vertical Fiscal Imbalance

A Century of Vertical Fiscal Imbalance in Australian Federalism

2002 ◽  
Vol 36 (1) ◽  
pp. 26-43 ◽  
Author(s):  
Therese Burton ◽  
Brian Dollery ◽  
Joe Wallis
Keyword(s):  
Fiscal Imbalance ◽  
Vertical Fiscal Imbalance

scholarly journals Vertical Fiscal Imbalance and Regional Economic Growth

2020 ◽  
Vol 12 (6) ◽  
pp. 39-53
Author(s):  
B.I. Alekhin ◽  
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Fiscal Federalism ◽  
Fiscal Decentralization ◽  
Regional Economic Growth ◽  
Regional Economic ◽  
Fiscal Imbalance ◽  
Vertical Fiscal Imbalance ◽  
The Impact

This study examines the impact of fiscal decentralization on regional economic growth using panel data for 82 subjects of the Russian Federation for the period 2005-2018. General theoretical framework was drawn from the second-generation theory of fiscal federalism, and panel data econometrics suggested the appropriate empirical model and estimation method. The pooled mean group method was used to estimate an autoregressive distributed lags model based on Solow-Swan theory of economic growth. The results indicate that vertical fiscal gap has a negative and significant long-term impact on regional economic growth while vertical fiscal imbalance has a positive and significant long-term effect. The study is consistent with the modern theory of fiscal federalism, W.E. Oates’ matching hypothesis and previous empirical work using Russian data. The study also found evidence of conditional convergence of regional economies.

scholarly journals REGIONAL DISPARITIES, PUBLIC POLICIES AND ECONOMIC GROWTH IN BRAZIL

2019 ◽  
Vol 5 (2) ◽  
pp. 264
Author(s):  
Marcelo Ladvocat ◽  
Vander Lucas
Keyword(s):  
Economic Growth ◽  
Fiscal Federalism ◽  
Local Economic Development ◽  
Fiscal Decentralization ◽  
Federal District ◽  
Regional Disparities ◽  
Geographic Concentration ◽  
Goods And Services ◽  
Fiscal Imbalance ◽  
Vertical Fiscal Imbalance

Fiscal Federalism, the division of economic responsibilities between the central and local government, has been an ongoing debate. The few existing studies on Brazilian’s fiscal structure facing regional economic growth shows conflicting results. However fiscal decentralization can lead to a more efficient provision of local public goods and services to promote welfare state, citizen’s preferences and economic growth, Brazil's policymakers seem to have a different view. In a country where only three states in 26 hold 53% of Brazil’s PNB, disparities shows-up claiming to be solved. There are still some questions as to whether all regions can achieve real gains with greater autonomy. Decentralization may not solve all subnational entities problems, especially the issue of the poorer regions losing competitiveness about the richer regions, which increases regional disparities. In this way, more recent studies have focused on the different channels through which fiscal decentralization can affect the issue of disparities such as taxes and duties, the autonomy of spending and vertical fiscal imbalance. The present work investigates the relationship between fiscal decentralization, regional disparities and economic growth within 26 Brazilian’s states and Federal District, in the period 2001-2012. Attention was given to channels through which decentralization can affect inequality: human capital, vertical fiscal imbalance, population’s geographic concentration, and local taxes. The empirical analysis suggests that a decentralized fiscal structure can reduce regional disparities by implementing better government policies that favor local economic development.

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