Fiscal federalism and incentives in a Russian reg

@inproceedings{Alexeeva2003FiscalFA,
  title={Fiscal federalism and incentives in a Russian reg},
  author={Michael Alexeeva and Galina Kurlyandskayab},
  year={2003}
}
  • Michael Alexeeva, Galina Kurlyandskayab
  • Published 2003
Transfers from a higher-level government budget may affect the incentives of lower-lever g ments to foster their tax base. If transfers offset completely changes in owned budgetary re fiscal incentives are destroyed. Using the data from a Russian region, we cannot reject the hy that transfers offset completely changes in municipal revenues, although the transfers are with a lag. The estimates suggest that this transfers policy is due in part to short time horiz regional governments and… CONTINUE READING

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