IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2020i2p126-150.html
   My bibliography  Save this article

Theoretical, Qualitative and Quantitative Aspects of Municipal Fiscal Autonomy in Bulgaria

Author

Listed:
  • Stoyan Prodanov
  • Lyudmil Naydenov

Abstract

Scientific research in the field of municipal financial policy covers a wide range of issues which include the issues analysed in this paper, viz. the theoretical foundations and the qualitative aspect of regional fiscal autonomy. The article explores the approaches to assessing the fiscal autonomy of local governments. The results of a detailed critical analysis conducted by the authors outline the merits and demerits of the normative and the positive approaches and justify the need for a balanced approach for assessing local fiscal governance. This approach is based on the idea that the process of extending the fiscal powers of local governments is part of a more general trend for public sector reforms to promote the principles of subsidiarity. The balanced approach was used for a qualitative and quantitative assessment of the fiscal autonomy of local governments in the Republic of Bulgaria. Empirical data were analysed to assess the financial capacity and relative position of Bulgarian municipalities in comparison with similar structures within the European Union (EU). The general conclusion is that the legislative measures for the implementation of the principles of local self-government are not sufficient for the achievement of an optimal ratio of local to state budget fiscal revenues.

Suggested Citation

  • Stoyan Prodanov & Lyudmil Naydenov, 2020. "Theoretical, Qualitative and Quantitative Aspects of Municipal Fiscal Autonomy in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 126-150.
  • Handle: RePEc:bas:econst:y:2020:i:2:p:126-150
    as

    Download full text from publisher

    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2020/2020-2/8_S.Prodanov_f-f.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. McLure, Charles E. Jr., 2001. "The Tax Assignment Problem: Ruminations on How Theory and Practice Depend on History," National Tax Journal, National Tax Association, vol. 54(n. 2), pages 339-64, June.
    2. Brennan,Geoffrey & Buchanan,James M., 2006. "The Power to Tax," Cambridge Books, Cambridge University Press, number 9780521027922, October.
    3. John D. Donahue, 1997. "Tiebout? Or Not Tiebout? The Market Metaphor and America's Devolution Debate," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 73-81, Fall.
    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. Galina Zaharieva & Onnik Tarakchiyan & Andrey Zahariev, 2022. "Market Capitalization Factors Of The Bulgarian Pharmaceutical Sector In Pandemic," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 4 Year 20, pages 35-51.

    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. Boadway, Robin & Tremblay, Jean-François, 2012. "Reassessment of the Tiebout model," Journal of Public Economics, Elsevier, vol. 96(11), pages 1063-1078.
    2. Edward McPhail & Vlad Tarko, 2017. "The evolution of governance structures in a polycentric system," Chapters, in: Morris Altman (ed.), Handbook of Behavioural Economics and Smart Decision-Making, chapter 16, pages 290-314, Edward Elgar Publishing.
    3. Paolo Liberati, 2011. "‘‘Which Tax’’ or ‘‘Which Tax for What?’’: Tax Assignment in the Theory of Fiscal Federalism," Public Finance Review, , vol. 39(3), pages 365-392, May.
    4. Turley Gerard, 2022. "A review of Ireland’s Local Property Tax," Administration, Sciendo, vol. 70(4), pages 1-25, December.
    5. Sharma, Chanchal Kumar, 2010. "Beyond Gaps and Imbalances: Re-Structuring the Debate on Intergovernmental Fiscal Relations," MPRA Paper 32145, University Library of Munich, Germany.
    6. Kessing, Sebastian G. & Konrad, Kai A. & Kotsogiannis, Christos, 2006. "Federal tax autonomy and the limits of cooperation," Journal of Urban Economics, Elsevier, vol. 59(2), pages 317-329, March.
    7. Dwight Lee, 1985. "Reverse revenue sharing: A modest proposal," Public Choice, Springer, vol. 45(3), pages 279-289, January.
    8. Bryan Caplan & Edward Stringham, 2005. "Mises, bastiat, public opinion, and public choice," Review of Political Economy, Taylor & Francis Journals, vol. 17(1), pages 79-105.
    9. Francisco de Castro, 2006. "The macroeconomic effects of fiscal policy in Spain," Applied Economics, Taylor & Francis Journals, vol. 38(8), pages 913-924.
    10. Cao, Chunfang & Li, Xiaoyang & Xia, Changyuan, 2021. "The complicit role of local government authorities in corporate bribery: Evidence from a tax collection reform in China," China Economic Review, Elsevier, vol. 65(C).
    11. Zodrow, George R, 2003. "Tax Competition and Tax Coordination in the European Union," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 10(6), pages 651-671, November.
    12. Georg Vanberg & Michael Brooks, 1996. "Reviews," Constitutional Political Economy, Springer, vol. 7(1), pages 63-71, March.
    13. D W Jones & C R Morrow-Jones, 1984. "Effects of Revenue Distribution and Income Distribution on the Impacts of Local Taxation," Environment and Planning C, , vol. 2(2), pages 135-148, June.
    14. Kantorowicz, Jarosław & Köppl–Turyna, Monika, 2019. "Disentangling the fiscal effects of local constitutions," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 63-87.
    15. Stephen Billings & Thomas Thibodeau, 2011. "Intrametropolitan Decentralization: Is Government Structure Capitalized in Residential Property Values?," The Journal of Real Estate Finance and Economics, Springer, vol. 42(4), pages 416-450, May.
    16. Jan Schnellenbach, 2023. "The concept of Ordnungspolitik: rule-based economic policymaking from the perspective of the Freiburg School," Public Choice, Springer, vol. 195(3), pages 283-300, June.
    17. Thiess Buettner & Robert Schwager & Sebastian Hauptmeier, 2011. "Efficient Revenue Sharing and Upper-Level Governments: Theory and Application to Germany," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 167(4), pages 647-667, December.
    18. Jin, Jing & Zou, Heng-fu, 2002. "How does fiscal decentralization affect aggregate, national, and subnational government size?," Journal of Urban Economics, Elsevier, vol. 52(2), pages 270-293, September.
    19. Teresa Garcia-Milà & Therese J. McGuire, 2001. "Tax incentives and the city," Economics Working Papers 631, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2001.
    20. Benjamin Larin & Bernd Süssmuth, 2014. "Fiscal Autonomy and Fiscal Sustainability: Subnational Taxation and Public Indebtedness in Contemporary Spain," CESifo Working Paper Series 4726, CESifo.

    More about this item

    Statistics

    Access and download statistics

    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:bas:econst:y:2020:i:2:p:126-150. 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: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.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.