IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2005i1p12-22.html
   My bibliography  Save this article

A New Revenue Sharing Act and a New Stability Pact for Austria – No Fundamental Changes

Author

Listed:
  • Margit Schratzenstaller-Altzinger

Abstract

The new Austrian domestic Stability Pact aims at the achievement of a zero deficit until 2008. At the federal level, the Maastricht-relevant deficit is to be reduced to 0.75 percent of GDP, states and municipalities together are obliged to obtain a surplus of 0.75 percent of GDP in 2008. The new revenue sharing agreement will not change fiscal relations fundamentally. The weight of shared federal taxes will increase; most of them will be distributed according to uniform revenue shares. The revenues of the smallest municipalities from the horizontal apportionment of shared federal taxes will increase. The states' strong dependency on intergovernmental transfers will not be reduced, the tax autonomy of the subnational levels of government will remain low.

Suggested Citation

  • Margit Schratzenstaller-Altzinger, 2005. "A New Revenue Sharing Act and a New Stability Pact for Austria – No Fundamental Changes," Austrian Economic Quarterly, WIFO, vol. 10(1), pages 12-22, January.
    • Handle: RePEc:wfo:wquart:y:2005:i:1:p:12-22
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/25430
    File Function: abstract
    Download Restriction: Payment required
    ---><---

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

    References listed on IDEAS

    as
    1. Margit Schratzenstaller-Altzinger, 2005. "Budget Proposal for 2005: Tax Reform Causes High Public Deficit," Austrian Economic Quarterly, WIFO, vol. 10(1), pages 23-39, January.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Roberto Fernández Llera & Carlos Monasterio Escudero, 2010. "¿Entre dos o entre todos? Examen y propuestas para la coordinación presupuestaria en España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 195(4), pages 139-163, december.
    2. Margit Schratzenstaller-Altzinger, 2005. "Budget Proposal for 2005: Tax Reform Causes High Public Deficit," Austrian Economic Quarterly, WIFO, vol. 10(1), pages 23-39, January.
    3. Mr. Erik J. Lundback, 2008. "Medium-Term Budgetary Frameworks - Lessons for Austria from International Experience," IMF Working Papers 2008/163, International Monetary Fund.
    4. Margit Schratzenstaller-Altzinger, 2005. "The Draft Federal Budget for 2006: Key Features and Trends in a Longer-Term Perspective," Austrian Economic Quarterly, WIFO, vol. 10(2), pages 66-81, June.
    5. International Monetary Fund, 2008. "Austria: Selected Issues," IMF Staff Country Reports 2008/189, International Monetary Fund.
    6. International Monetary Fund, 2006. "Bosnia and Herzegovina: Selected Issues," IMF Staff Country Reports 2006/368, International Monetary Fund.
    7. Breuss, Fritz & Roeger, Werner, 2005. "The SGP fiscal rule in the case of sluggish growth: Simulations with the QUEST model," Journal of Policy Modeling, Elsevier, vol. 27(7), pages 767-788, October.

    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. Margit Schratzenstaller-Altzinger, 2005. "The Draft Federal Budget for 2006: Key Features and Trends in a Longer-Term Perspective," Austrian Economic Quarterly, WIFO, vol. 10(2), pages 66-81, June.

    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:wfo:wquart:y:2005:i:1:p:12-22. 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: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.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.