Fiscal residuum has often been used as an index of the territorial balance between taxes paid to and benefits received from the policies of government levels. Its standard calculation, however, conflates what of the residuum is due to the need of financing public spending and what is due to the redistributive aims of government levels. This paper introduces a decomposition that isolates these two elements. The empirical evidence for Italy in 2003-2015 shows that differences in fiscal residua between the Northern and the Southern regions are smaller than usually calculated. A neat difference, instead, emerges in special statute regions.
DE SIMONE, E., Liberati, P. (2020). Does redistribution matter? The decomposition of the fiscal residuum in Italian regions. REGIONAL STUDIES, 54(3), 296-307 [10.1080/00343404.2019.1603367].
Does redistribution matter? The decomposition of the fiscal residuum in Italian regions
DE SIMONE, ELINA;Liberati, Paolo
2020-01-01
Abstract
Fiscal residuum has often been used as an index of the territorial balance between taxes paid to and benefits received from the policies of government levels. Its standard calculation, however, conflates what of the residuum is due to the need of financing public spending and what is due to the redistributive aims of government levels. This paper introduces a decomposition that isolates these two elements. The empirical evidence for Italy in 2003-2015 shows that differences in fiscal residua between the Northern and the Southern regions are smaller than usually calculated. A neat difference, instead, emerges in special statute regions.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
