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Comparison Between The Regional Economic Federalism In Belgium And In Spain,Comparacion Entre El Federalismo Economico Regional De Belgica Y Espana

Author

Listed:
  • Marc Martinez Sans
  • Julien Vandernoot
  • Giuseppe Pagano

Abstract

This work explains the systems of funding from federal regions in Belgium and Spain. A detailed explanation and analysis of the current funding system of the Spanish Autonomous Communities is provided. We also examine the current system of financing of the Belgian Regions in 2009. We provide a comparison between the two systems, which includes the paradox of revenue and the equalizing effect over time. The results obtained indicate that the funding system established in Belgium does not intervene in such a decisive way when it has to distribute resources among regions.

Suggested Citation

  • Marc Martinez Sans & Julien Vandernoot & Giuseppe Pagano, 2014. "Comparison Between The Regional Economic Federalism In Belgium And In Spain,Comparacion Entre El Federalismo Economico Regional De Belgica Y Espana," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 7(1), pages 1-29.
    • Handle: RePEc:ibf:riafin:v:7:y:2014:i:1:p:1-29
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    More about this item

    Keywords

    Regions’ Financing; Paradox of Revenue; Equalizing Effect; Solidarity between Regions and Tax Federalism;
    All these keywords.

    JEL classification:

    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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