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Stabilizing features of transfers allocated to the Russian regions from the Federal budget

Author

Listed:
  • Sinelnikov-Murylev Sergey

    (VAVT)

  • Turuntseva Marina

    (Gaidar Institute for Economic Policy)

  • Bozhechkova Alexandra

    (Gaidar Institute for Economic Policy)

  • Mamedov Arseny

    (Gaidar Institute for Economic Policy)

Abstract

This publication provides research on the stabilizing effects of the federal financial assistance to the regions of the Russian Federation. Review of the foreign empirical studies revealed key issues of the implementation of econometric evaluation of stabilizing features of interbudgetary transfers. It comes up with main econometric approaches to the analysis of stabilizing effect on the back of panel and object-to-object data. In the context of the implementation of econometric calculations of stabilizing features of the system of provision of the federal financial assistance to subnational budgets for the period of 2001–2015, the authors draw conclusion that there is a partial stabilizing effect of the federal center on the tax revenues of the regional budgets.

Suggested Citation

  • Sinelnikov-Murylev Sergey & Turuntseva Marina & Bozhechkova Alexandra & Mamedov Arseny, 2018. "Stabilizing features of transfers allocated to the Russian regions from the Federal budget," Research Paper Series, Gaidar Institute for Economic Policy, issue 173P, pages 1-68.
  • Handle: RePEc:gai:rpaper:rpaper-2018-173p-904
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Russian economy; transfers; regional budgets;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects

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