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Regional Road Funds: Should their Revenue Sources Be Determined at the Federal Level?

Author

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  • Nataliya V. Golovanova

    (Financial Research Institute, Moscow 127006, Russia)

Abstract

The paper describes the history of regional road funds and subnational spending on road maintenance in Russia. It also discusses the practice of determining of the regional road funds size at the federal level and the options regions used to reduce their road funds in times of revenue shortages. On the basis of the analysis the author recommends to lift the restrictions setting the minimal size of regional road funds.

Suggested Citation

  • Nataliya V. Golovanova, 2016. "Regional Road Funds: Should their Revenue Sources Be Determined at the Federal Level?," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 81-89, December.
    • Handle: RePEc:fru:finjrn:160607:p:81-89
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    More about this item

    Keywords

    road fund; spending on road maintenance; excise taxes on petroleum products; transport tax; consolidated budget of the Russian Federation subject; regional budget;
    All these keywords.

    JEL classification:

    • H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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