IDEAS home Printed from https://ideas.repec.org/a/pal/compes/v56y2014i3p469-489.html
   My bibliography  Save this article

Intra-regional Equalization and Growth in Russia

Author

Listed:
  • Jorge Martinez-Vazquez

    (International Center for Public Policy, Georgia State University, PO Box 3992, Atlanta, 30302-3992, USA.)

  • Andrey Timofeev

    (International Center for Public Policy, Georgia State University, PO Box 3992, Atlanta, 30302-3992, USA.)

Abstract

Throughout the 1999–2008 growth streak, the dynamics of the economic recovery have been very uneven across Russian regions. Therefore, the determinants of regional economic growth are likely to have a strong sub-national level component. In this paper we examine the potential role played by the fiscal equalization performed by regional governments among their constituent localities. Our empirical results strongly suggest that intra-regional fiscal equalization has a substantial impact on regional growth. Specifically, we find the following policy tradeoff: one standard deviation higher level of intra-regional equalization translates into between 0.18 and 0.45 of a standard deviation lower rate of regional growth.

Suggested Citation

  • Jorge Martinez-Vazquez & Andrey Timofeev, 2014. "Intra-regional Equalization and Growth in Russia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(3), pages 469-489, September.
    • Handle: RePEc:pal:compes:v:56:y:2014:i:3:p:469-489
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/ces/journal/v56/n3/pdf/ces20147a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/ces/journal/v56/n3/full/ces20147a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Capella-Ramos, João & Checherita-Westphal, Cristina & Leiner-Killinger, Nadine, 2020. "Fiscal transfers and economic convergence," Occasional Paper Series 252, European Central Bank.
    2. Malkina, M. Yu., 2018. "The determinants of budget revenues of Russian regions," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 4(3), pages 95-104.

    More about this item

    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:pal:compes:v:56:y:2014:i:3:p:469-489. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    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.