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Decentramento fiscale e perequazione regionale. Efficienza e redistribuzione nel nuovo sistema di finanziamento delle regioni a statuto ordinario

Author

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  • Giovanna Messina

    (Banca d'Italia)

Abstract

This work analyses the relationship between the efficiency gains and the redistributive impact of the reform aimed at introducing fiscal federalism in Italy. In the recent past the reform substituted fiscal transfers once provided by central government with local taxes. By 2001 an equalization Fund will ensure that regional governments have sufficient revenues to provide a minimum standard level of public services. Efficiency gains will arise as financial transfers provided by the Fund will be subject to a limit, thus strengthening local budget constraints. In some regions the new set-up may determine a reduction of total revenues below the amount needed to keep the present level of expenditures. This gap should widen in the presence of regional growth differentials.

Suggested Citation

  • Giovanna Messina, 2001. "Decentramento fiscale e perequazione regionale. Efficienza e redistribuzione nel nuovo sistema di finanziamento delle regioni a statuto ordinario," Temi di discussione (Economic working papers) 416, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:wptemi:td_416_01
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    File URL: http://www.bancaditalia.it/pubblicazioni/temi-discussione/2001/2001-0416/tema_416_01.pdf
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    Citations

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    Cited by:

    1. International Monetary Fund, 2005. "Italy: Selected Issues," IMF Staff Country Reports 2005/041, International Monetary Fund.
    2. Zotteri, Stefania & Franco, Daniele & Balassone, Fabrizio, 2003. "Fiscal rules for sub-national governments: what lessons from EMU countries?," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34926, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Alberto Baffa, 2019. "Il nuovo sistema di finanziamento e perequazione per le funzioni non essenziali delle regioni italiane: una simulazione degli effetti redistributivi," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2019(3), pages 7-40.

    More about this item

    Keywords

    federalismo fiscale; perequazione regionale;

    JEL classification:

    • H0 - Public Economics - - General
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

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