INTRODUCTION. Within the Latin American context Colombia is in a relatively advanced stage in terms of decentralization. According to the IDB (1997), it ranks third in the region after Argentina and Brazil, two countries organized as Federal States. While in 1995 average public expenditure...

In a paper prepared as part of the 1992 draft Formez-Istat "The regional distribution of state expenditures: determinants, impact, equity and efficiency," the author had used the data, made available only for 1985 and 1986, in order to understand the determinants and the logic of the...

We develop a model with two provinces, producing two goods: one mobile and the other not. The mobile good is taxed according to the destination principle by the local government; it is also federally taxed. People decide to buy the good at the most advantageous price. Namely they can buy...

The aim of this paper is to analyze whether Spanish municipalities adjust in response to budget shocks and (if so) which elements of the budget they are more likely to adjust. The methodology we use to answer these questions is a vector error-correction model (VECM), estimated with data from a...

[ENG] This paper examines the structural characteristics of Unione di Comuni, a kind of local councils partnership recently supported by Italian law, trying to assess which factors most influenced the choice of functions and services to being managed associatively. It also analyzes the impact of...

We analyse, with a simple stylized model, the impact of the change of parameters of Need equalization formula for intergovernmental grants on productive efficiency of a local government providing a public service. In our context, this kind of efficiency means producing, at minimum costs and at...

This paper deals with interbudgetary relations and subnational finances in the Russian Federation. The authors focus on the issue of subnational budgets during the financial crisis of 2008. They analyze financial aid from the federal budget to regional authorities.

This paper deals with interbudgetary relations and subnational finances in the Russian Federation. The authors focus on major trends in relations between budgets of different levels, measures taken by the federal government to mitigate the crisis impact on the regions.

This paper analyzes the high fiscal dependence of Venezuelan states and municipalities on the central government and the political economy process embedded in the interaction between the central government and sub-national entities. Also explored is whether there is scope to increase...