<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Regional inequalities are currently a challenge for the majority of countries, in particular large ones, certain of which are federations. The federal state system is more complex than the unitary system. This results in specific problems. One of them is the issue of differing level of economic development of individual territorial units, whereby the problem of income redistribution emerges. The difference between income and expenses results in the formation of fiscal gaps, both horizontal and vertical ones. The aim of the paper is to present the measures applied for measuring the horizontal fiscal imbalance. It is also the starting point for conducting measurements of those imbalances in the USA based on the presented measures. The paper presents the measures applied in the literature for the purposes of measuring horizontal fiscal imbalance. In addition, the measurement of those imbalances in the USA are presented.</p></abstract>

Regional inequalities are currently a challenge for the majority of countries, in particular large ones, certain of which are federations. The federal state system is more complex than the unitary system. This results in specific problems. One of them is the issue of differing level of economic development of individual territorial units, whereby the problem of income redistribution emerges. The difference between income and expenses results in the formation of fiscal gaps, both horizontal and vertical ones. The aim of the paper is to present the measures applied for measuring the horizontal fiscal imbalance. It is also the starting point for conducting measurements of those imbalances in the USA based on the presented measures. The paper presents the measures applied in the literature for the purposes of measuring horizontal fiscal imbalance. In addition, the measurement of those imbalances in the USA are presented.

Horizontal Fiscal Imbalance In The United States

Wrocław University of Economics, Faculty of Management, Information Systems and Finance, Department of Public and International Finance, Komandorska 118/120, 53-345 Wrocław, Poland

Folia Oeconomica Stetinensia

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Horizontal Fiscal Imbalance In The United States"}

Regional inequalities are currently a challenge for the majority of countries, in particular large ones, certain of which are federations. The federal state...

Horizontal Fiscal Imbalance In The United States

Publié en ligne: 03 juin 2015

Pages: 140 - 151

Reçu: 16 juil. 2014

Accepté: 01 déc. 2014

DOI: https://doi.org/10.1515/foli-2015-0013

Mots clés
fiscal imbalance, fiscal gap, measures of horizontal fiscal imbalance, convergence, intergovernmental relations, USA

© University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Horizontal Fiscal Imbalance In The United States

Publié en ligne: 03 juin 2015

Pages: 140 - 151

Reçu: 16 juil. 2014

Accepté: 01 déc. 2014

DOI: https://doi.org/10.1515/foli-2015-0013

Mots clésfiscal imbalance, fiscal gap, measures of horizontal fiscal imbalance, convergence, intergovernmental relations, USA

© University of Szczecin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
fiscal imbalance, fiscal gap, measures of horizontal fiscal imbalance, convergence, intergovernmental relations, USA