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  1. Regional fiscal equalization in Germany
    a simultaneous equation approach to assess the economic effects of fiscal policy
    Author: Eberle, Jonathan
    Published: 2019
    Publisher:  Philipps-Universität Marburg, Marburg

    Regional fiscal equalization in Germany aims to reduce fiscal disparities by allocating financial resources to less promising regions in order to support the supply of public goods. This paper aims to analyse secondary economic effects of regional... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 507
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    Regional fiscal equalization in Germany aims to reduce fiscal disparities by allocating financial resources to less promising regions in order to support the supply of public goods. This paper aims to analyse secondary economic effects of regional fiscal equalization on several economic in- and output variables. Additionally, the paper examines the potential regional characteristics to influence the transformation of fiscal inputs into economic outcomes. Lastly, I compare the effects of fiscal equalization to these of the major German structural funding program GRW. My findings reveal a significant positive effect of fiscal equalization on the regional employment rate. Moreover, the findings suggest different transmission channels of fiscal equalization in East and West Germany. Particularly, I find higher effects in right-wing CDU/CSU preferring regions on the employment, human capital and private-sector investment rate. Finally, while structural funding affects more economic variables significantly, the magnitude of the estimated economic responses of fiscal equalization compared to these of German structural funding are not statistically different.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/206757
    Series: Working papers on innovation and space ; # 19, 01
    Subjects: fiscal equalization; regional economic growth; production function; political ideology; SpPVAR; impulse-response functions
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  2. Indian fiscal federalism at the cross-roads
    some reflections
    Author: Chakraborty, Lekha
    Published: 30-April-2019
    Publisher:  National Institute of Public Finance and Policy, New Delhi

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / National Institute of Public Finance and Policy ; no. 260
    Subjects: Fiscal federalism; Finance Commission; revenue sharing; fiscal equalization; GST; public debt; fiscal rules
    Scope: 1 Online-Ressource (circa 18 Seiten), Illustrationen