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Capital Budgeting and Management Practices: Smoothing Out Rough Spots in Government Outlays 资本预算和管理实践:抚平政府支出中的粗糙点
Pub Date : 2018-03-01 DOI: 10.1111/pbaf.12167
Arwiphawee Srithongrung
Public capital budgeting and management literature recommends long†term capital and fiscal planning practices to prevent large fluctuations in outlays caused by fiscal stresses. This study extends the literature by examining the effects of long†term capital planning and management practices such as the use of a capital budget, separate impact analyses, and the use of bond financing and dedicated revenue sources on capital spending volatility. The empirical results confirm that several of these practices smooth out state government capital outlays that vary because of socio†economic and financial factors.
公共资本预算和管理文献建议采用长期欧元资本和财政规划做法,以防止财政压力造成的支出大幅波动。本研究通过考察长期资本规划和管理实践(如使用资本预算、单独影响分析、使用债券融资和专用收入来源)对资本支出波动的影响,扩展了文献。实证结果证实,其中一些做法消除了由于社会经济和金融因素而变化的州政府资本支出。
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引用次数: 7
Problems of Fiscal Equalization and Decentralization of Local Governments in Azerbaijan 阿塞拜疆财政均等化与地方政府分权问题
Pub Date : 2018-01-25 DOI: 10.2139/ssrn.3109999
G. Ibadoghlu
This paper proposes reforms to improve the fiscal the capacity of the municipalities, including amendments of the taxing principle, tax base, and tax collection, as well as modernization of a government subsidy allocation mechanism. The last entails consideration of expenditure needs and the poverty level of the municipalities.
本文提出了提高市政财政能力的改革建议,包括修改税收原则、税基和税收征收,以及政府补贴分配机制的现代化。最后一项需要考虑到支出需要和城市的贫穷程度。
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引用次数: 0
Factors Affecting Collection of Real Property Tax in the Provincial Treasurer's Office of Nueva Ecija 影响新埃西亚省财务处征收不动产税的因素
Pub Date : 2017-12-24 DOI: 10.2139/ssrn.3093130
Larcy V. Villaroman
This paper focused on studying the factors affecting the collection of real property tax in the Provincial Treasurer’s Office of Nueva Ecija, Philippines. The respondents were the twenty-seven (27) Municipal Treasurers of the municipalities of Nueva Ecija. The study was guided by the Principles of Theories of Taxation. Specifically, this study aimed to: 1) determine the level of adherence of the Provincial Treasurer’s Office of Nueva Ecija with the Basic Principles of Sound Tax System; 2) analyze the collection efficiency of Real Property Tax; and 3) determine the problems/challenges met in the collection of Real Property Tax. The study used a mixture of qualitative and quantitative method. The data was sourced from the Provincial Treasurer’s Office, which is the Checklist of twenty-seven (27) municipalities with corresponding Real Property Tax Collection and Target Collection for the year 2016. It also involved the description and determination of efficiency through observation and analysis of the data gathered and observed. The Efficiency Index was used. The study showed the need for strict adherence with the Basic Principles of Sound Tax System.
本文主要研究菲律宾新埃西哈省财政办公室征收房地产税的影响因素。答复者是新埃西哈市的二十七(27)名市司库。这项研究以《税收理论原理》为指导。具体而言,本研究旨在:1)确定新埃西哈省财务办公室对健全税收制度基本原则的遵守程度;2)房地产税征收效率分析;3)确定在征收房地产税中遇到的问题/挑战。本研究采用定性与定量相结合的方法。数据来自省财务办公室,这是27个直辖市的清单,其中包含2016年相应的房地产税征收和目标征收。它还涉及通过观察和分析所收集和观察的数据来描述和确定效率。使用效率指数。该研究表明,必须严格遵守健全税制的基本原则。
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引用次数: 4
Putting the Alberta Budget on a New Trajectory 将阿尔伯塔省预算推上新轨道
Pub Date : 2017-10-26 DOI: 10.11575/SPPP.V10I0.42498
J. Mackinnon, J. Mintz
This paper analyzes Alberta’s fiscal problem in terms of the size of the current deficits and the growth trajectory of the debt. We endeavor to put the province’s fiscal problem in terms to which people can relate. In addition to analyzing the scale of the problem, the paper will consider some of the policy choices that the Alberta government could make that would begin to align revenue and spending. Although the deficit cannot be eliminated in one year, more can be done now to reduce the debt build-up, as it will take time to eventually achieve a balanced budget. As well as recommending short and medium-term measures to better align spending and revenue, we present a longer term plan to balance the budget over a number years with specific deficit targets for each year.
本文从当前赤字规模和债务增长轨迹两方面分析了艾伯塔省的财政问题。我们努力把该省的财政问题讲得通俗易懂。除了分析问题的严重程度外,本文还将考虑艾伯塔省政府可以采取的一些政策选择,以开始调整收入和支出。尽管赤字不可能在一年内消除,但现在可以采取更多措施来减少债务积累,因为最终实现预算平衡需要时间。除了建议采取短期和中期措施以更好地调整支出和收入外,我们还提出了一项长期计划,以在数年内平衡预算,并为每年设定具体的赤字目标。
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引用次数: 2
IPTU: avaliação de potencial e utilização sob a ótica da teoria dos conjuntos fuzzy (Assessment of Potential and Use of the IPTU Tax, Based on the Fuzzy Set Theory) 基于模糊集理论的财产税潜力和使用评估(基于模糊集理论的财产税潜力和使用评估)
Pub Date : 2017-10-01 DOI: 10.1590/0034-7612160295
Kleber Pacheco de Castro, J. Afonso
This article proposes a comparative analysis among Brazilian municipalities in order to identify the determinants of the potential and of the ability to collect urban property tax (IPTU) in Brazil. The analysis applied the fuzzy set theory, a pioneer methodological choice in the field of public finances in Brazil, which has provided unpre­cedented results in terms of property taxation. The results confirmed what analysts and municipal leaders have pointed out for a long time: the majority of Brazilian municipalities do not use their full potential to collect the IPTU — a fact that tends to be more critical in smaller cities, which depend on funding from other spheres of Government. The article breaks new ground in assessing this potential based on a comparative analysis of cities with similar characteristics.
本文建议对巴西各城市进行比较分析,以确定巴西征收城市财产税(IPTU)的潜力和能力的决定因素。该分析应用了模糊集理论,这是巴西公共财政领域的一种开创性的方法选择,它在财产税方面提供了前所未有的结果。调查结果证实了分析人士和市政领导人长期以来所指出的:巴西大多数市政当局没有充分利用其收集IPTU的潜力- -这一事实在依赖其他政府部门提供资金的小城市往往更为严重。本文在对具有相似特征的城市进行比较分析的基础上,开辟了评估这一潜力的新领域。
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引用次数: 6
The Impacts of Autonomous Vehicles and E-Commerce on Local Government Budgeting and Finance 自动驾驶汽车和电子商务对地方政府预算和财政的影响
Pub Date : 2017-08-01 DOI: 10.2139/SSRN.3009840
Benjamin Y. Clark, Nico Larco, Roberta F. Mann
Autonomous vehicles (AVs) are already being used and their proliferation is inevitable. AVs have the potential to fundamentally alter transportation systems by averting deadly crashes, providing critical mobility to the elderly and disabled, increasing road capacity, saving fuel, and lowering emissions (Fagnant and Kockelman 2015). Eighteen states and the District of Columbia have enacted legislation regarding AVs1, and the governors of four other states have signed executive orders about AVs2 (National Conference of State Legislatures 2017). In 2017 there were 33 states that had introduced AV legislation, up from 20 in 2016 (National Conference of State Legislatures 2017). As of June 2, 2017, there were 31 companies that had received permits from the California DMV to test autonomous vehicles, and the list is getting longer each month (California Department of Motor Vehicles 2017). In Berlin, Deutsche Bahn, Germany’s largest train and bus operator, is testing a driverless twelve-passenger shuttle bus (Scott 2017). Over 20 pilot or existing AV public transport programs have taken place in Europe. And the most recent AV testing permit recipient in California is a private shuttle bus operator — Bauer’s Intelligent Transportation (California Department of Motor Vehicles 2017). Much has been written about the technical challenges of integrating autonomous vehicles into traffic patterns, but to date, there has been little consideration of the significant secondary impacts that AVs present. This project aims to fill that gap. AVs have the potential to transform cities — but whether the impact is positive or not depends on how the AVs are used. If AVs use clean fuels, are used for shared rides, and become an on-demand service rather than an owned product, cities and society may benefit. Consumer-owned cars are inefficient and underused assets — most are used for less than one hour per day (OECD 2015), sitting idle for about 95 of their life, and about 10 percent of the average American’s budget goes to the cost of purchasing and fueling private vehicles (Bureau of Labor Statistics 2016). AVs will impact land use planning, transit use, government revenues, and may exacerbate societal inequality by reducing the viability of existing public transportation services. The goal of this white paper is to consider the impact of AVs on municipal budgets. AVs create a “potential rat’s nest of a budgeting challenge” (Fung 2016). This paper seeks to begin the process of untangling that rat’s nest, and provide the foundation for future phases of the project that will consider potential additional revenue sources to fund the infrastructure changes that may come from the integration of AVs as well as land use planning implications.
自动驾驶汽车(AVs)已经在使用,其扩散是不可避免的。自动驾驶汽车有可能从根本上改变交通系统,避免致命的撞车事故,为老年人和残疾人提供关键的机动性,增加道路容量,节省燃料,降低排放(Fagnant和Kockelman 2015)。18个州和哥伦比亚特区已经颁布了关于AVs1的立法,另外4个州的州长已经签署了关于AVs2的行政命令(2017年全国州议会会议)。2017年,有33个州引入了AV立法,高于2016年的20个(2017年全国州议会会议)。截至2017年6月2日,共有31家公司获得了加州DMV的自动驾驶汽车测试许可,而且这个名单每个月都在变长(加州机动车辆部2017)。在柏林,德国最大的火车和公共汽车运营商德国联邦铁路公司(Deutsche Bahn)正在测试一辆无人驾驶的12人班车(Scott 2017)。欧洲已经有20多个试点或现有的自动驾驶公共交通项目。加州最近获得自动驾驶汽车测试许可证的是一家私人穿梭巴士运营商——鲍尔智能交通公司(California Department of Motor Vehicles, 2017)。关于将自动驾驶汽车整合到交通模式中的技术挑战已经有很多文章,但迄今为止,很少有人考虑到自动驾驶汽车带来的重大次要影响。该项目旨在填补这一空白。自动驾驶汽车有可能改变城市,但这种影响是否积极取决于人们如何使用自动驾驶汽车。如果自动驾驶汽车使用清洁燃料,用于共享出行,并成为一种按需服务,而不是一种自有产品,城市和社会可能会受益。消费者拥有的汽车是效率低下且未充分利用的资产——大多数汽车每天使用不到一小时(经合组织,2015年),大约有95年的时间处于闲置状态,美国人平均约10%的预算用于购买私家车和为其加油(劳工统计局,2016年)。自动驾驶汽车将影响土地使用规划、交通使用、政府收入,并可能因降低现有公共交通服务的可行性而加剧社会不平等。本白皮书的目的是考虑自动驾驶汽车对市政预算的影响。自动驾驶汽车创造了一个“预算挑战的潜在老鼠窝”(Fung 2016)。本文旨在开始解决这个问题,并为项目的未来阶段提供基础,该阶段将考虑潜在的额外收入来源,以资助可能来自自动驾驶汽车整合的基础设施变化以及土地使用规划的影响。
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引用次数: 19
Tax Compliance in a Decentralizing Economy 分权经济中的税收合规
Pub Date : 2017-07-13 DOI: 10.2139/SSRN.3002213
M. Viswanathan
Tax compliance in the United States has long relied on information from centralized intermediaries–the financial institutions,employers, and brokers that help ensure income is reported and taxes are paid. Yet while the IRS remains tied to these centralized entities,consumers and businesses are not. New technologies, such as sharing economy platforms (companies such as Airbnb, Uber, and Instacart)and the blockchain (the platform on which various cryptocurrencies are based) are providing new, decentralized options for exchanging goods and services.Without legislative and agency intervention, these technologies pose a critical threat to the reporting system underlying domestic and international tax compliance. Until now, legal academia has paid scant attention to the extent to which U.S. tax compliance relies on centralized intermediaries as information reporters. Prior scholarship has instead focused on describing existing information reporting protocols and the characteristics of successful reporters.This Article moves further,demonstrating that both domestic and international tax compliance cannot function without these centralized intermediaries. Next, the Article argues that the potential decentralization caused by new technologies should not be neglected, and proposes a series of legislative reforms so that Congress and the IRS can act prospectively, rather than retrospectively, to minimize the future threat to U.S. tax compliance.
长期以来,美国的税收合规一直依赖于集中的中介机构——金融机构、雇主和经纪人——提供的信息,这些中介机构帮助确保收入的报告和税收的支付。然而,尽管美国国税局仍然与这些中心化实体联系在一起,但消费者和企业却没有。共享经济平台(Airbnb、Uber和Instacart等公司)和区块链(各种加密货币所基于的平台)等新技术为交换商品和服务提供了新的、去中心化的选择。如果没有立法和机构的干预,这些技术对国内和国际税收合规的报告系统构成严重威胁。到目前为止,法律学术界很少关注美国税收合规在多大程度上依赖于中心化中介机构作为信息报告者。之前的学术研究侧重于描述现有的信息报道协议和成功记者的特征。本文进一步表明,没有这些集中的中介机构,国内和国际税收合规都无法发挥作用。接下来,本文认为不应忽视新技术造成的潜在权力下放,并提出了一系列立法改革,以便国会和美国国税局能够前瞻性地采取行动,而不是回顾性地采取行动,以尽量减少未来对美国税收合规的威胁。
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引用次数: 10
The Effect of Sale Methods on the Interest Rate of Municipal Bonds: A Heterogeneous Endogenous Treatment Estimation 销售方式对市政债券利率的影响:一个异质内生处理估计
Pub Date : 2017-06-25 DOI: 10.1111/pbaf.12174
Gao Liu
Conventional wisdom argues that competitive bidding, compared to negotiated sale, can reduce the interest cost of municipal bonds in the primary market. Studies correcting for self†selection bias have mixed findings. However, these studies are subject to some potential methodological issues. This study circumvents these pit†falls and provides an estimate of the heterogeneous average treatment effect (ATE). After correcting for the endogeneity bias of sale method and its interaction effect, on average competitive sale still significantly lowers the interest rate, but the interest cost advantage decreases as issuer experience increases.
传统观点认为,与协商出售相比,竞争性投标可以降低一级市场市政债券的利息成本。校正自我选择偏差的研究结果喜忧参半。然而,这些研究受到一些潜在的方法问题的影响。本研究规避了这些pit€下降,并提供了异质性平均治疗效果(ATE)的估计。在修正了销售方式的内生性偏差及其交互效应后,平均而言,竞争性销售仍显著降低了利率,但利息成本优势随着发行人经验的增加而降低。
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引用次数: 7
Michigan Local Leaders’ Views on State Preemption and How to Share Policy Authority 密歇根州地方领导人对国家优先购买权的看法及如何分享政策权力
Pub Date : 2017-06-15 DOI: 10.2139/SSRN.2987072
D. Horner, Thomas M. Ivacko
This report presents the opinions of Michigan’s local government leaders regarding concerns over state government preemption of local decision-making and preferred areas of shared and separate policy authority between local and state government. The findings in this report are based on statewide surveys of local government leaders in the Fall 2016 wave of the Michigan Public Policy Survey (MPPS).
本报告提出了密歇根州地方政府领导人的意见,关于州政府对地方决策的优先考虑,以及地方和州政府之间共享和分离政策权力的首选领域。本报告的调查结果基于2016年秋季密歇根州公共政策调查(MPPS)对全州地方政府领导人的调查。
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引用次数: 7
The Economic and Social Outcomes of Refugees in the United States: Evidence from the Acs 美国难民的经济和社会结果:来自美国的证据
Pub Date : 2017-06-01 DOI: 10.3386/W23498
W. Evans, Daniel Fitzgerald
Using data from the 2010-2014 American Community Survey, we use a procedure suggested by Capps et al. (2015) to identify refugees from the larger group of immigrants to examine the outcomes of refugees relocated to the U.S. Among young adults, we show that refugees that enter the U.S. before age 14 graduate high school and enter college at the same rate as natives. Refugees that enter as older teenagers have lower attainment with much of the difference attributable to language barriers and because many in this group are not accompanied by a parent to the U.S. Among refugees that entered the U.S. at ages 18-45, we follow respondents’ outcomes over a 20-year period in a synthetic cohort. Refugees have much lower levels of education and poorer language skills than natives and outcomes are initially poor with low employment, high welfare use and low earnings. Outcomes improve considerably as refugees age. After 6 years in the country, these refugees work at higher rates than natives but they never attain the earning levels of U.S.-born respondents. Using the NBER TAXSIM program, we estimate that refugees pay $21,000 more in taxes than they receive in benefits over their first 20 years in the U.S.
使用2010-2014年美国社区调查的数据,我们使用Capps等人(2015)建议的程序从更大的移民群体中识别难民,以检查重新安置到美国的难民的结果。在年轻人中,我们表明,在14岁之前进入美国的难民高中毕业和进入大学的速度与本地人相同。年龄较大的青少年进入美国的难民成绩较低,这在很大程度上归因于语言障碍,而且因为这一群体中的许多人没有父母陪同前往美国。在18-45岁进入美国的难民中,我们在一个合成队列中跟踪了受访者20年期间的结果。与当地人相比,难民的教育水平低得多,语言技能也差得多,结果最初很差,就业率低,福利使用率高,收入低。随着难民年龄的增长,结果显著改善。在美国生活了6年后,这些难民的工作效率比当地人高,但他们的收入从未达到在美国出生的受访者的水平。根据NBER的TAXSIM项目,我们估计难民在美国的头20年里缴纳的税款比他们获得的福利多21,000美元
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引用次数: 97
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