Federal grants, local public-good provision, and consumption smoothing

This paper addresses two very important, but usually neglected, aspects of Argentina's federal revenue-sharing system. The first aspect refers to the horizontal tensions present -in addition to the traditional vertical one of lack of fiscal correspondence- in the current system of revenue-shari...

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Autor principal: Delajara, Marcelo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2000
Materias:
Ciencias Económicas
federalismo
consumo
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/3759
http://www.depeco.econo.unlp.edu.ar/siff/2000/trabajo7.pdf
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-3759
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
federalismo
consumo
spellingShingle Ciencias Económicas
federalismo
consumo
Delajara, Marcelo
Federal grants, local public-good provision, and consumption smoothing
topic_facet Ciencias Económicas
federalismo
consumo
description This paper addresses two very important, but usually neglected, aspects of Argentina's federal revenue-sharing system. The first aspect refers to the horizontal tensions present -in addition to the traditional vertical one of lack of fiscal correspondence- in the current system of revenue-sharing [Porto (1999)]. At the federal level, these horizontal tensions take the form of conflicting goals among Ministries regarding policy making in the provinces. For example, Ministries do not coordinate efforts to help provinces to solve the problem of financing the provision of local public-goods while achieving provincial fiscal balance. At the local -i.e. provincial- level horizontal tensions take the form of conflicting goals between the citizenry and an imperfectly controlled politician-bureaucrat who wants to minimize administrative effort and can, in this way, affect the (stochastic) cost of public good provision. The second aspect of the federal tax system that we want to address refers to the degree of risk-sharing between federal and local jurisdictions over uncertain outcomes; which is an important issue from the point of view of economic welfare. Risksharing was not explicitly discussed in the bilateral agreements that paved the way to the current federal revenue-sharing system, and it is not clear how to deal with it in future reforms of the system. Nicolini et al. (1999) find some evidence of risk-sharing motives in the management of ATNs, but they do not address explicitly the issue of private consumption smoothing, nor relate the problem of risk-sharing to the horizontal tensions aforementioned.
format Objeto de conferencia
Objeto de conferencia
author Delajara, Marcelo
author_facet Delajara, Marcelo
author_sort Delajara, Marcelo
title Federal grants, local public-good provision, and consumption smoothing
title_short Federal grants, local public-good provision, and consumption smoothing
title_full Federal grants, local public-good provision, and consumption smoothing
title_fullStr Federal grants, local public-good provision, and consumption smoothing
title_full_unstemmed Federal grants, local public-good provision, and consumption smoothing
title_sort federal grants, local public-good provision, and consumption smoothing
publishDate 2000
url http://sedici.unlp.edu.ar/handle/10915/3759
http://www.depeco.econo.unlp.edu.ar/siff/2000/trabajo7.pdf
work_keys_str_mv AT delajaramarcelo federalgrantslocalpublicgoodprovisionandconsumptionsmoothing
bdutipo_str Repositorios
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