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Länderverschuldung: Hoher Konsolidierungsbedarf, unzureichende Konsolidierungsbemühungen

Author

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  • Gebhardt Heinz

    (Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Hohenzollernstraße 1-3, 45128 Essen)

  • Kambeck Rainer

    (Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Hohenzollernstraße 1-3, 45128 Essen)

  • Matz Florian

    (Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Hohenzollernstraße 1-3, 45128 Essen)

  • Schmidt Christoph M.

    (Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Hohenzollernstraße 1-3, 45128 Essen und Ruhr Universität Bochum, Lehrstuhl für Wirtschaftspolitik und angewandte Ökonometrie, Universitätsstraße 150, 44801 Bochum)

Abstract

In a bold legislative move, in 2009 Germany introduced a fundamental reform of the government borrowing rules which are specified in its constitution. In particular, state governments will be required to provide a balanced budget, abstracting from cyclical fluctuations, starting in the year 2020. A fundamental requirement for the practical implementation of such a rule is the unequivocal decomposition of the actual budget surplus or deficit into derived structural and cyclical components. This paper uses an approach designed to identify cyclical components which tend to average out over time, and calculates the corresponding current structural deficits of all 16 federal states. We find that, at the time being, only two federal states have exerted sufficient effort to reduce their structural deficits to an extent which would be fully compatible with the objective of adhering to the constitutional rules at the end of this decade.

Suggested Citation

  • Gebhardt Heinz & Kambeck Rainer & Matz Florian & Schmidt Christoph M., 2012. "Länderverschuldung: Hoher Konsolidierungsbedarf, unzureichende Konsolidierungsbemühungen," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 61(2), pages 214-232, August.
    • Handle: RePEc:lus:zwipol:v:61:y:2012:i:2:p:214-232
    DOI: 10.1515/zfwp-2012-0209
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    Cited by:

    1. Heinz Gebhardt & Lars-H. R. Siemers, 2018. "Zur strukturellen Finanzlage der Laender: eine aktuelle Auswertung und Methodenkritik," MAGKS Papers on Economics 201837, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    2. Gebhardt, Heinz, 2016. "Haushaltskonsolidierung in den meisten Bundesländern weit vorangeschritten," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 67(4), pages 33-48.

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