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) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium …-national governments in Belgium, Italy, and Spain, while re-centralization of health sector expenditures was the cause of the decline in …
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Belgium. Using Eurostat data for the years 1995 to 2008, we find that on average per capita cash fiscal transfers – consisting … are the first to demonstrate statistically that in Belgium political factors do matter with respect to fiscal transfers … the regional distribution of fiscal transfers in Belgium while keeping socio-economic factors such as unemployment …
Persistent link: https://www.econbiz.de/10014166970
) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium …-national governments in Belgium, Italy, and Spain, while re-centralization of health sector expenditures was the cause of the decline in …
Persistent link: https://www.econbiz.de/10013107075
This paper investigates one of the most important financial issues arising from a secession or a country partitioning namely the sharing of the national public debt. Extending Dreze's distributive neutrality condition, we use the generational accounting technique and propose a dynamic...
Persistent link: https://www.econbiz.de/10013319497
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This paper analyzes the distribution of discretionary transfers from higher tiers of government in the process of fiscal adjustment in local jurisdictions which were hit by a negative revenue shock in formula transfers. Spanish local governments experienced a 30% fall in their revenue-sharing...
Persistent link: https://www.econbiz.de/10011499738
This article examines the nature of India's federal system, and recent and potential reforms in its structure and working. We summarize key federal institutions in India, focusing particularly on the mechanisms for Center-state transfers. These transfers are large, and are the major explicit...
Persistent link: https://www.econbiz.de/10011520548