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La capacidad redistributiva y estabilizadora del presupuesto del Gobierno Central Español

Author

Listed:
  • Núria Bosch

    (Institut d'Economia de Barcelona (IEB); Universitat de Barcelona (UB))

  • Marta Espasa

    (Institut d'Economia de Barcelona (IEB); Universitat de Barcelona (UB))

  • Pilar Sorribas

    (Institut d'Economia de Barcelona (IEB); Universitat de Barcelona (UB))

Abstract

The aim of this study is to estimate the redistributive and stabiliser/insurance effects of the Spanish central government budget at regional level during the 1991-1996 period. This analysis is carried out for the whole budget as well as for the main items of revenue and expenditure. The methodology used is a panel data econometric model. The main conclusion is that this budget has more redistributive power than stabiliser/insurance, having in both cases expenditures higher power than revenues.

Suggested Citation

  • Núria Bosch & Marta Espasa & Pilar Sorribas, 2002. "La capacidad redistributiva y estabilizadora del presupuesto del Gobierno Central Español," Working Papers 2002/1, Institut d'Economia de Barcelona (IEB).
    • Handle: RePEc:ieb:wpaper:doc2002-1
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    References listed on IDEAS

    as
    1. Kao, Chihwa, 1999. "Spurious regression and residual-based tests for cointegration in panel data," Journal of Econometrics, Elsevier, vol. 90(1), pages 1-44, May.
    2. Marta Espasa, 2001. "Territorial redistribution through the EU budget. Empirical evidence at national and regional levels," Working Papers 2001/1, Institut d'Economia de Barcelona (IEB).
    3. Nuria Bosch & Marta Espasa & Pilar Sorribas, 2002. "The redistributive, stabiliser and insurance effects at territorial level of "federal" government budgets," Working Papers 2002/5, Institut d'Economia de Barcelona (IEB).
    4. Nuria Bosch & Marta Espasa & Pilar Sorribas, 2002. "The redistributive, stabiliser and insurance effects at territorial level of "federal" government budgets," Working Papers 2002/5, Institut d'Economia de Barcelona (IEB).
    5. Bayoumi, Tamim & Masson, Paul R., 1995. "Fiscal flows in the United States and Canada: Lessons for monetary union in Europe," European Economic Review, Elsevier, vol. 39(2), pages 253-274, February.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Santiago Lago-Peñas & Albino Prada & Alberto Vaquero, 2015. "On the size and determinants of inter-regional redistribution in European countries over the period 1995–2009," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(4), pages 845-864, November.
    2. Núria Bosch & Marta Espasa & Pilar Sorribas, 2003. "The Redistributive, Stabilising, and Insurance Effects at the Territorial Level of ‘Federal’ Government Budgets," Environment and Planning C, , vol. 21(4), pages 597-613, August.
    3. Marta Espasa & Núria Bosch, 2010. "Inter-regional Fiscal Flows: Methodologies, Results and their Determinant Factors for Spain," Chapters, in: Núria Bosch & Marta Espasa & Albert Solé Ollé (ed.), The Political Economy of Inter-Regional Fiscal Flows, chapter 7, Edward Elgar Publishing.

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    More about this item

    Keywords

    Fiscal flows; Regional redistribution; Regional stabilization;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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