Redistribution and Stabilization of Regional Revenues in the Russian System of Intergovernmental Fiscal Relations

Авторы: P. Kadotchnikov S. Sinelnikov-Murylyov I. Trunin S. Tchetverikov

Серия: CEPRA

Дата публикации: 26.12.2003

Аннотация:The principles that national governments usually proclaim when granting financial aid to subnational governments include equalization of their budget revenues, their capacity to provide public goods as well as and other indices. This lets us suppose that public revenues in the course of equalization process are being redistributed in behalf of lower-revenue regions. A more thorough analysis of the methods that federal governments use to allocate grants-inaid among regions under the proclaimed principles comes to reveal a formally progressive pattern of regional revenues redistribution: the lower revenue a region has, the more grants-inaid it gets and, hence, the more equal are bound to be the regions themselves.

Оглавление:

INTRODUCTION 2
I. MODERN APPROACHES TO ANALYZING INTER-REGIONAL REDISTRIBUTION AND REVENUE STABILIZATION THROUGH FEDERAL FISCAL INSTRUMENTS 2
MODERN APPROACHES TO REDUCING INTER-REGIONAL INEQUALITY 2
REDISTRIBUTION AND STABILIZATION PROPERTIES OF FISCAL INSTRUMENTS USED BY FEDERAL GOVERNMENT 3
REVIEW OF EMPIRICAL PAPERS ON REDISTRIBUTION AND STABILIZATION PROPERTIES OF THE FEDERAL FISCAL INSTRUMENTS 4
II. MAIN HYPOTHESES ON THE NATURE OF REDISTRIBUTION AND STABILIZATION OF REGIONAL REVENUES CARRIED ON BY THE RUSSIAN FEDERAL GOVERNMENT 6
DIFFERENCES IN GROSS REGIONAL PRODUCT IN RUSSIA 6
DIFFERENCES IN PER CAPITA REGIONAL BUDGET REVENUES 6
MAIN HYPOTHESES ON REDISTRIBUTION PROPERTIES OF THE RUSSIAN BUDGET SYSTEM 7
EQUALIZATION OF GROSS REGIONAL INCOME THROUGH FEDERAL GRANTS-IN-AID 7
EQUALIZATION OF REGIONAL BUDGET REVENUES THROUGH FEDERAL GRANTS-IN-AID  8
EQUALIZATION OF GROSS REGIONAL INCOME THROUGH THE FEDERAL FISCAL SYSTEM 9
EQUALIZATION OF REGIONAL BUDGET REVENUES THROUGH FEDERAL TAXES  12
TOTAL EQUALIZATION OF GROSS REGIONAL INCOME THROUGH THE FISCAL SYSTEM (FEDERAL TAXES AND GRANTS-IN-AID)  14
FINAL EQUALIZATION OF REGIONAL BUDGET REVENUES THROUGH THE FISCAL SYSTEM (FEDERAL TAXES AND GRANTS-IN-AID)  14
MODELS OF TESTING THE SCOPE OF FUNDS REDISTRIBUTION ACROSS THE REGIONS 14
LINEAR MODEL OF TAX PAYMENTS TO FEDERAL BUDGET (FEDERAL GRANTS)  15
LINEAR MODEL OF THE EFFECTIVE RATE OF TAX PAYMENTS TO FEDERAL BUDGET (FEDERAL GRANTS)  15
LOGARITHMIC MODEL OF TAX PAYMENTS TO THE FEDERAL BUDGETS (FEDERAL GRANTS) 15
STABILIZATION OF REGIONAL REVENUES THROUGH RENDERING FEDERAL GRANTS-IN-AID FROM REGIONAL BUDGET AND PAYING TAXES INTO THE FEDERAL BUDGET 16
III. MODELING RESULTS  17
MODELING RESULTS OF GROSS REGIONAL INCOME EQUALIZATION THROUGH FEDERAL GRANTS-IN-AID  18
MODELING RESULTS OF GRP EQUALIZATION THROUGH FEDERAL TAXES ACCRUED TO THE FEDERAL BUDGET 20
MODELING RESULTS OF GRP EQUALIZATION THROUGH NET FEDERAL TAX 21
MODELING RESULTS OF REGIONAL BUDGET REVENUE EQUALIZATION THROUGH FEDERAL GRANTS-IN-AID  23
MODELING RESULTS OF EQUALIZATION OF REGIONAL BUDGET REVENUES THROUGH FEDERAL TAXES ACCRUED TO THE FEDERAL BUDGET 24
MODELING RESULTS OF REGIONAL BUDGET REVENUE EQUALIZATION THROUGH NET FEDERAL TAX  25
PROGRESSIVITY TEST BASED ON THE KAKWANI AND MUSGRAVE INDICES 26
ESTIMATION OF GRP STABILIZATION THROUGH FEDERAL GRANTS-IN-AID AND TAX PAYMENTS TO THE FEDERAL BUDGET. 26
ANALYSIS OF REGIONAL BUDGET REVENUE STABILIZATION THROUGH FEDERAL GRANTS-IN-AID ALLOCATION
AND LEVYING FEDERAL TAXES TO THE FEDERAL BUDGET 27
IV. MAIN CONCLUSIONS AND RECOMMENDATIONS ON RUSSIA’S ECONOMIC POLICY 29
APPENDIX. MODELING RESULTS OF REGIONAL REVENUES STABILIZATION IN RUSSIA 31
REFERENCES 33

Примечания:

Redistribution and Stabilization of Regional Revenues in the Russian System of Intergovernmental Fiscal Relations. - Moscow, 2003.
Texts by: P. Kadotchnikov, S. Sinelnikov-Murylyov, I. Trunin, S. Tchetverikov
ISBN  5-93255-082-1
The research and the publication were undertaken in the framework of CEPRA (Consortium for Economic Policy, Research and Advice) project funded by the Canadian Agency for International Development (CIDA)

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