IDEAS home Printed from https://ideas.repec.org/a/ine/journl/v40y2015i49p72-88.html
   My bibliography  Save this article

Optimal structure of International Union budgetary revenues

Author

Listed:
  • Andrii BOIAR1

    (Post-Doctoral Fellow at the European Integration Department of the Vadym Hetman Kyiv National Economic University (Ukraine))

Abstract

This article proposes a new approach to the issue of political and financial sustainability (equilibrium) in an international union. The proposition is made to set members budgetary payments proportionate to their willingness to pay. It is argued that this willingness-to-pay principle ensures an optimal setup in the institutional system of an international union. Application of this methodology to the EU allowed deriving the members optimal budgetary contributions and brought up some other important insights.

Suggested Citation

  • Andrii BOIAR1, 2015. "Optimal structure of International Union budgetary revenues," Romanian Journal of Economics, Institute of National Economy, vol. 40(1(49)), pages 72-88, june.
    • Handle: RePEc:ine:journl:v:40:y:2015:i:49:p:72-88
    as

    Download full text from publisher

    File URL: http://www.revecon.ro/articles/2015-1/2015-1-3.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bird, Richard M., 1993. "Threading the Fiscal Labyrinth: Some Issues in Fiscal Decentralization," National Tax Journal, National Tax Association, vol. 46(2), pages 207-27, June.
    2. Alberto Alesina & Ignazio Angeloni & Federico Etro, 2005. "International Unions," American Economic Review, American Economic Association, vol. 95(3), pages 602-615, June.
    3. Boiar, Andrii O., 2014. "Revenue-Generating Schemes for International Unions," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 29, pages 407-429.
    4. Bird, Richard M., 1993. "Threading the Fiscal Labyrinth: Some Issues in Fiscal Decentralization," National Tax Journal, National Tax Association;National Tax Journal, vol. 46(2), pages 207-227, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:ine:journl:v:40:y:2015:i:49:p:45-22 is not listed on IDEAS
    2. Martinez-Vazquez, Jorge & McNab, Robert M., 2003. "Fiscal Decentralization and Economic Growth," World Development, Elsevier, vol. 31(9), pages 1597-1616, September.
    3. Bird, Richard M. & Smart, Michael, 2002. "Intergovernmental Fiscal Transfers: International Lessons for Developing Countries," World Development, Elsevier, vol. 30(6), pages 899-912, June.
    4. Whitney Buser, 2011. "The impact of fiscal decentralization on economics performance in high-income OECD nations: an institutional approach," Public Choice, Springer, vol. 149(1), pages 31-48, October.
    5. Di Matteo, Livio, 2000. "The determinants of the public-private mix in Canadian health care expenditures: 1975-1996," Health Policy, Elsevier, vol. 52(2), pages 87-112, June.
    6. Bruno S. Frey, 2001. "A Utopia? Government Without Territorial Monopoly," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 157(1), pages 162-175, March.
    7. Abhay Pethe, 2007. "Issues For The 13TH Finance Commission: Welcome To The Grey World Of Trade Offs!," Department of Economics, University of Mumbai, Mumbai Working Papers 27, Department of Economics, University of Mumbai, Mumbai.
    8. Lockwood, Ben, 2000. "The Assignment of Powers in Federal and Unitary States," Economic Research Papers 269340, University of Warwick - Department of Economics.
    9. Frey, Bruno S. & Eichenberger, Reiner, 1996. "FOCJ: Competitive governments for Europe," International Review of Law and Economics, Elsevier, vol. 16(3), pages 315-327, September.
    10. D. K. Srivastava, 2006. "Equalizing Health and Education : Approach of the Twelfth Finance Commission," Finance Working Papers 22517, East Asian Bureau of Economic Research.
    11. Pressiyana Nenkova, 2003. "Local Authorities Taxation Autonomy and its Role in Assessing the Financial Aspects of Decentralization," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 39-52.
    12. Ebel, Robert D. & Yilmaz, Serdar, 2002. "On the measurement and impact of fiscal decentralization," Policy Research Working Paper Series 2809, The World Bank.
    13. M. Mar㈠& M. Sarcinelli, 1994. "The European Union: how to assign the functions of government," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 47(191), pages 341-377.
    14. Iregui, Ana Maria, 2005. "Decentralised provision of quasi-private goods: The case of Colombia," Economic Modelling, Elsevier, vol. 22(4), pages 683-706, July.
    15. Liutang Gong & Heng-fu Zou, 2003. "Fiscal Federalism, Public Capital Formation, and Endogenous Growth," Annals of Economics and Finance, Society for AEF, vol. 4(2), pages 471-490, November.
    16. Leonzio Rizzo, 2006. "Le inefficienze della competizione fiscale: una rassegna dei principali modelli teorici," Economia politica, Società editrice il Mulino, issue 1, pages 89-120.
    17. Enrico Spolaore, 2010. "Federalism, Regional Redistribution and Country Stability," Chapters, in: Núria Bosch & Marta Espasa & Albert Solé Ollé (ed.), The Political Economy of Inter-Regional Fiscal Flows, chapter 13, Edward Elgar Publishing.
    18. repec:npf:wpaper:18 is not listed on IDEAS
    19. Gong, Liutang & Zou, Heng-fu, 2002. "Optimal taxation and intergovernmental transfer in a dynamic model with multiple levels of government," Journal of Economic Dynamics and Control, Elsevier, vol. 26(12), pages 1975-2003, October.
    20. Smith, Heidi Jane M. & Revell, Keith D., 2016. "Micro-Incentives and Municipal Behavior: Political Decentralization and Fiscal Federalism in Argentina and Mexico," World Development, Elsevier, vol. 77(C), pages 231-248.
    21. Rangarajan, C. & Srivastava, D.K., 2004. "Fiscal transfer in Canada: Drawing comparisons and lessons," Working Papers 04/18, National Institute of Public Finance and Policy.
    22. Ligia Alba Melo-Becerra, 2016. "Sub-national fiscal policy under cooperative and non-cooperative models," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 35(Especial ), pages 253-279, January.

    More about this item

    Keywords

    international union; budget; contribution; optimal; member state; EU;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ine:journl:v:40:y:2015:i:49:p:72-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valentina Vasile (email available below). General contact details of provider: https://edirc.repec.org/data/inacaro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.