Public Finance Without Taxation: Free-Riding as Institutional Artifact

2013 ◽  
Author(s):  
Richard E. Wagner
Keyword(s):  
Public Finance ◽  
Free Riding

Public Finance without Taxation: Free–Riding as Institutional Artifact

2012 ◽  
Vol 30 (1) ◽  
pp. 191-202 ◽  
Author(s):  
Richard E. Wagner
Keyword(s):  
Public Finance ◽  
Civil Society ◽  
Public Goods ◽  
Social Organization ◽  
Free Riding ◽  
Center Stage ◽  
Personal Interaction ◽  
The Social ◽  
Living Together

Abstract Expositions of the theory of public finance mostly assume that taxation is necessary to finance public goods because free riding prevents their provision through market arrangements. Free riding, however, is an artifact of the assumption that state is the only social option to market. Once it is recognized that civil society contains a rich array of institutions and practices that channel personal interaction, free riding recedes in significance and perhaps even disappears. Free riding is a product of a particular model of public goods and is not a universal quality of societal living together. In this respect, there is a deep similarity between cities and such entities as hotels and malls which supply public goods without taxation. This paper places the social organization of shared consumption on center stage in the theory of public finance, thereby relegating taxation to side show status.

Free Riding and Altruism in Vaccination Decisions

2007 ◽  
Author(s):  
Meng Li ◽  
Jeffrey Vietri ◽  
Gretchen B. Chapman ◽  
Alison Galvani ◽  
David Thomas
Keyword(s):  
Free Riding

Fiscal Decentralization in Transition Economies

2004 ◽  
pp. 126-141
Author(s):  
A. Chernyavsky ◽  
K. Vartapetov
Keyword(s):  
Public Finance ◽  
Transition Economies ◽  
Local Governments ◽  
Fiscal Decentralization ◽  
Government Control ◽  
Finance Reform ◽  
Fiscal Transfers ◽  
Fiscal Autonomy ◽  
Subnational Government ◽  
Tax Autonomy

By employing the methodology developed by the OECD the paper assesses the degree of revenue decentralization in Russia in comparison with other post-communist European countries. The paper provides theoretical arguments underpinning fiscal decentralization, analyzes the composition of subnational government revenues, the level of regional and local tax autonomy and types of intergovernmental fiscal transfers. The analysis presents the composition of revenues depending on the degree of subnational and local government control. In comparison with other transition countries fiscal decentralization in Russia is relatively low. It is concluded that Russia's public finance reform has not progressed towards providing greater fiscal autonomy for regional and local governments.

On the formation of a New Paradigm of fiscal Policy

2013 ◽  
pp. 152-158 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Public Finance ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Domestic Demand ◽  
Real Economy ◽  
New Paradigm ◽  
Monetary Aggregate ◽  
The Past ◽  
The Global Financial Crisis

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.

Novations in Budgetary Process: Budgeting Focused on Result

2005 ◽  
pp. 4-22
Author(s):  
V. Gamukin
Keyword(s):  
Public Finance ◽  
New Method ◽  
Budgetary Process ◽  
Commercial Sector ◽  
The Public ◽  
Starting Condition ◽  
Domestic Practice

In the article the starting condition of applicating the new method of organization of the budgetary process - the budgeting focused on result is estimated. The importance of specification of the conceptual and methodical device of budgeting with reference to the public finance is underlined. It is conditioned by the fact that rich foreign and domestic practice of budgeting in commercial sector cannot be directly used for optimization of a trajectory of movement of state and municipal finances.

Modernization of the Public Finance in Russia

2006 ◽  
pp. 103-111 ◽  
Author(s):  
Mst. Afanasiev ◽  
I. Krivogov
Keyword(s):  
Public Finance ◽  
The Public ◽  
Budget Reform

Russian public finance reforming under conditions of substantial increase of budget expenditures is analyzed in the article. Basic directions of the budget reform are considered that are formulated in the variant of the Budget Code, which is currently still under discussion. The focus is made on results-based budgeting and federal investment programs management.

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