La capacidad redistributiva y estabilizadora del presupuesto del Gobierno Central Español
The aim of this study is to estimate the redistributive and stabiliser/insurance effects of the Spanish central government budget at regional level during the 1991-1996 period. This analysis is carried out for the whole budget as well as for the main items of revenue and expenditure. The methodology used is a panel data econometric model. The main conclusion is that this budget has more redistributive power than stabiliser/insurance, having in both cases expenditures higher power than revenues.
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