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2014 | 14 | 2 | 140-151

Article title

Horizontal Fiscal Imbalance In The United States

Authors

Title variants

Languages of publication

EN

Abstracts

EN
Regional inequalities are currently a challenge for the majority of countries, in particular large ones, certain of which are federations. The federal state system is more complex than the unitary system. This results in specific problems. One of them is the issue of differing level of economic development of individual territorial units, whereby the problem of income redistribution emerges. The difference between income and expenses results in the formation of fiscal gaps, both horizontal and vertical ones. The aim of the paper is to present the measures applied for measuring the horizontal fiscal imbalance. It is also the starting point for conducting measurements of those imbalances in the USA based on the presented measures. The paper presents the measures applied in the literature for the purposes of measuring horizontal fiscal imbalance. In addition, the measurement of those imbalances in the USA are presented.

Publisher

Year

Volume

14

Issue

2

Pages

140-151

Physical description

Dates

published
2014-12-01
received
2014-07-16
accepted
2014-12-01
online
2015-06-03

Contributors

  • Wrocław University of Economics, Faculty of Management, Information Systems and Finance, Department of Public and International Finance, Komandorska 118/120, 53-345 Wrocław, Poland

References

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  • Bitner, M. & Cichocki, K.S. (2012). Finanse podsektora samorządowego w wybranych krajach OECD w latach 1999–2010. Samorząd Terytorialny 1–2, 5–71.
  • Cowell, F.A. (2011). Measuring Inequality. LSE Perspectives in Economic Analysis, New York: Oxford University Press.
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  • Kowalik, P. (2012). Measures of Vertical and Horizontal Fiscal Imbalance – an Attempt of Review. In: Statistical Methods in Analyses of Economic Phenomena Under Integration and Globalization, eds. P.R. Cmela, K. Kruszyński (pp. 277–297). Łódź: Statistical Office in Lodz.
  • Kowalik, P. (2013). Pionowa i pozioma nierównowaga finansowa oraz system jej wyrównywania w państwie federalnym na przykładzie Niemiec i Stanów Zjednoczonych. Wrocław: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu.
  • Li, S. & Xu, Z. (2008, January). The Trend of Regional Income Disparity in the People’s Republic of China. ADB Institute Discussion Paper No. 85, Tokyo, 1–39.
  • Litchfield, J.A. (1999, March). Inequality: Methods and Tools. World Bank, .
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  • Próchniak, M. & Rapacki, R. (2007, sierpień–wrzesień). Konwergencja beta i sigma w krajach postsocjalistycznych w latach 1990–2005. Bank i Kredyt, 42–60.
  • Próchniak, M. & Witkowski, B. (2012). Konwergencja gospodarcza typu β w świetle bayesowskiego uśredniania oszacowań. Bank i Kredyt, 43 (2), 25–58.
  • Rapacki, R. & Próchniak, M. (2009, March). The EU Enlargement and Economic Growth in the CEE New Member Countries. European Communities, Economic Papers 367, 1–21.
  • Rey, S.J. & Janikas, M.V. (2005). Regional Convergence, Inequality, and Space. Journal of Economics Geography, 5 (2), 155–176.[Crossref]
  • SA1-3 Personal income summary Population. BEA, 4.06.2014.
  • Shah, A. (1994). The Reform of Intergovernmental Fiscal Relations in Developing and Emerging Market Economies. Policy and Research Series 23 (13185), The World Bank, Washington, D.C.
  • Shankar, R. & Shah, A. (2003). Bridging the Economic Divide Within Countries: A Scorecard on the Performance of Regional Policies in Reducing Regional Income Disparities. World Development, 31 (8), 1421–1441.[Crossref]
  • Shankar, R. & Shah, A. (2008). Regional Income Disparities and Convergence: Measurement and Policy Impact Evaluation. In: Macro Federalism and Local Finance, ed. A. Shah. Public Sector Governance and Accountability Series 44638, The World Bank, Washington, D.C.
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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.doi-10_1515_foli-2015-0013
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