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Reflexões sobre a Avaliação do Quadro Fiscal Regional: Implicações para o Algarve
[Reflections on “The Evaluation of the Regional Fiscal Framework”: Implications for the Algarve]


  • Martins, Alexandre
  • Pinto, Hugo


The article discusses the central conclusions of the study "Evaluation of Regional Fiscal Framework: Business Location and Local Finance" (Barreira, 2008). A reflection on some of the core principles of local finance, equity and benefit, shows that there are inconsistencies in the case of the Algarve. The region has generated tax revenue above the national average in which the property taxes have a disproportionate weight. This situation underlines the dependency of municipalities in the Algarve to the real estate activities around tourism. The number of companies registered does not adequately represent the level of economic activities carried out in the region. Many firms have the headquarters situated in other regions and fracture the desired balance between the recipient and taxpayer. The paper shows that a correction of this problem could increase the weight of the Algarve's economy in the national total and significantly increase the regional tax revenues.

Suggested Citation

  • Martins, Alexandre & Pinto, Hugo, 2009. "Reflexões sobre a Avaliação do Quadro Fiscal Regional: Implicações para o Algarve
    [Reflections on “The Evaluation of the Regional Fiscal Framework”: Implications for the Algarve]
    ," MPRA Paper 18515, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:18515

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    References listed on IDEAS

    1. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416-416.
    2. Wallace E. Oates, 1968. "The Theory of Public Finance in a Federal System," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 37-54, February.
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    More about this item


    Local Finance; Algarve; Benefit; Tax Revenue;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents

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