A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Redistribution and risk-sharing effects of intergovernmental transfers: an empirical analysis based on Italian municipal data
This paper studies the redistributive and risk-sharing effects of intergovernmental grants at the municipal level, taking advantage of the 2015 reform of the Italian municipal equalization system. The reform introduces formula grants to equalize the fiscal gap only in municipalities in standard regions, but not in municipalities located in special autonomous regions. We can, therefore, use difference-in-differences estimators to identify the causal relationship between formula grants and local gross domestic product thanks to this asymmetric pattern. The final results show that formula grants lead to greater redistribution than pre-reform transfers. On the contrary, new transfers have low risk-sharing effects due to the lag in data available to evaluate fiscal capacity and expenditure needs.
Redistribution and risk-sharing effects of intergovernmental transfers: an empirical analysis based on Italian municipal data
This paper studies the redistributive and risk-sharing effects of intergovernmental grants at the municipal level, taking advantage of the 2015 reform of the Italian municipal equalization system. The reform introduces formula grants to equalize the fiscal gap only in municipalities in standard regions, but not in municipalities located in special autonomous regions. We can, therefore, use difference-in-differences estimators to identify the causal relationship between formula grants and local gross domestic product thanks to this asymmetric pattern. The final results show that formula grants lead to greater redistribution than pre-reform transfers. On the contrary, new transfers have low risk-sharing effects due to the lag in data available to evaluate fiscal capacity and expenditure needs.
Redistribution and risk-sharing effects of intergovernmental transfers: an empirical analysis based on Italian municipal data
Arachi, Giampaolo (author) / Porcelli, Francesco (author) / Zanardi, Alberto (author)
Regional Studies ; 57 ; 1523-1534
2023-08-03
12 pages
Article (Journal)
Electronic Resource
Unknown
Intergovernmental transfers and poverty alleviation
| Online Contents | 1995
Closing the gap: Fiscal imbalances and intergovernmental transfers in developed federations
| Online Contents | 2004
Term limits for mayors and intergovernmental grants: Evidence from Italian cities
| Online Contents | 2017
Interregional risk sharing and fiscal redistribution in unified Germany
| Online Contents | 2006
Improving Intergovernmental Coordination
Springer Verlag | 2008