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ASSESSMENT OF THE IMPACT OF CHANGES IN THE FISCAL POLICY INSTRUMENTS ON THE LEVEL OF FINANCIAL - ECONOMIC INEQUALITY OF MUNICIPALITIES OF RESOURCE REGIONS OF RUSSIA

E.B. Bukharova, A.R. Semenova, N.V. Nepomniashaya, S.N. Grib

First published: 2017https://doi.org/10.5593/SGEMSOCIAL2017/HB11/S03.071View metrics

Abstract

The research paper focuses on assessing the impact of the tools of the fiscal policy of the country for the resource regions and municipalities development in the context of the current budget federalism and inter-budget relations. Krasnoyarsk Krai – the largest in its area and the availability of natural resources region of Russia is considered as a model resource region. The Krai’s role in the Russian economy as well as its financial and social well-being are largely determined by the resource model of the economic development of the country. The article proposes an approach to the typology of the resource region municipalities, taking into account the level of the socio-economic and financial conditions differentiation between the municipalities and the level of sensitivity to the changes in the institutional conditions of the fiscal policy of the country. The results obtained in the article are based on the panel research of Krasnoyarsk Krai municipalities and the use of the econometric models with fixed effects.

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Publication details

Title
ASSESSMENT OF THE IMPACT OF CHANGES IN THE FISCAL POLICY INSTRUMENTS ON THE LEVEL OF FINANCIAL - ECONOMIC INEQUALITY OF MUNICIPALITIES OF RESOURCE REGIONS OF RUSSIA
Authors
E.B. Bukharova, A.R. Semenova, N.V. Nepomniashaya, S.N. Grib
Proceedings
References: 4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM2017, www.sgemvienna.org, SGEM2017 Conference Proceedings, ISBN 978-619-7105-93-3 / ISSN 2367-5659, March 28-31, Book1, Vol.1, 573-580 pp, DOI:10.5593/SGE
Publisher
STEF92 Technology
Year
2017
Pages
573-580
SWS Citekey
Bukharova20173573580
ISSN
2367-5659
ISBN
978-619-7105-93-3
Language
en
Publication type
Proceedings Paper
Proceedings contents
Open official contents
Keywords
References11
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  2. Ahrend, R. Speed of Reform, Initial Conditions or Political Orientation? Explaining Russian Regions’ Economic Performance, Post-Communist Economies, vol. 17/ issue 3, pp. 289-317, 2005.

  3. Zubarevich N.V., Sagronov S.G., Inequality of Social and Economic Development of the Regions and Towns of Russia in the 2000s: Growth or Decrease? Social Sciences and Modernity, issue 6, 2013.

  4. Oates W., Fiscal Federalism, N.Y, Harcourt, Brace, Jovanovich, 1972.

  5. Shuba V.B., Formation and Development of Inter-Budgetary Relations, М., Economist, 238 p., 2004.

  6. Bukharova E.B., Samusenko S.A, Semenova A.R., Complex Assessment of Economic Security of the Resource Type Region. Region: Economics and Sociology, vol. 4/issue 92, pp. 113-138, 2016.

  7. Zubarevich N.V., Regional Development and Regional Policy in Russia, ECO Journal, issue 4, pp. 7-27, 2014.

  8. Tatarkin A.I., On Anti-Crisis Activities of Municipalities, Region: Economy and Sociology, issue 2, pp. 137-155, 2009.

  9. Arbia G., Spatial Econometrics. Statistical Foundations and Applications to Region Convergence, Springer, 2006.

  10. Frees E.W., Longitudinal and Panel Data: Analysis and Applications in the Social Sciences, Cambridge University Press, 2004.

  11. OECD Territorial Reviews: The Krasnoyarsk Agglomeration, Russian Federation. OECD Publishing, Paris, 158 p., 2015. URL://dx.doi.org/10.178/97890264229372-en

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