Template-Type: ReDIF-Article 1.0
Author-Name: Boris I. Alekhin
Author-Email: b.i.alekhin@gmail.com
Author-Workplace-Name: Russian State University for the Humanities, Moscow 125993, Russian Federation
Title: Regional Tax Autonomy and Budget Balances
Abstract: The purpose of this study is to test the proposition that better regional fiscal balances are associated with stronger regional tax autonomy as measured by the ratio of property taxes to expenditures. The study uses panel data for 82 subjects of the Russian Federation over 14 years (2005–2018). A two-step dynamic model of budget balance is estimated by the “system” generalized method of moments. A positive and statistically significant association between fiscal balances and tax autonomy is established. This study emphasizes the importance of regional tax autonomy for the development of market-preserving fiscal federalism in Russia.
Classification-JEL: H62, H71, H77, E62
Keywords: property tax, tax autonomy, sub-national government, fiscal imbalance
Journal: Finansovyj žhurnal — Financial Journal
Pages: 114-127
Issue: 5
Year: 2020
Month: October
DOI: 10.31107/2075-1990-2020-5-114-127
File-URL: https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2020/5/statii/08_5_2020_v12.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:200508:p:114-127