Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances
The paper deploys a mixed method approach in modelling intergovernmental fiscal equalisation in Zimbabwe. The desirability of the proposed fiscal capacity model is premised on the argument that the anecdotal vertical fiscal imbalance is a structural issue whose antidote is reassignment of revenue or...
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| Format: | journal article |
| Language: | English |
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Hindawi
2023
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| Online Access: | https://cris.library.msu.ac.zw//handle/11408/5348 https://doi.org/10.35551/PFQ_2021_4_5 |
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| author | Vincent Chakunda Canicio Dzingirai Arthur Chikerema |
| author2 | Midlands State University |
| author_facet | Midlands State University Vincent Chakunda Canicio Dzingirai Arthur Chikerema |
| author_sort | Vincent Chakunda |
| collection | DSpace |
| description | The paper deploys a mixed method approach in modelling intergovernmental fiscal equalisation in Zimbabwe. The desirability of the proposed fiscal capacity model is premised on the argument that the anecdotal vertical fiscal imbalance is a structural issue whose antidote is reassignment of revenue or expenditure responsibilities among different governmental tiers. The fiscal capacity model, as we have proposed, is underpinned by five variables, namely, total amount to be allocated as declared in the national budget, poverty index (poverty prevalence rate), population of the area, size of the local economy (revenue/GDP ratio) and the estimated intrinsic value of the sub-soil natural resource endowments of the area.1 |
| format | journal article |
| id | ir-11408-5348 |
| institution | My University |
| language | English |
| publishDate | 2023 |
| publisher | Hindawi |
| record_format | dspace |
| spelling | ir-11408-53482023-01-05T13:32:35Z Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances Vincent Chakunda Canicio Dzingirai Arthur Chikerema Midlands State University Midlands State University Midlands State University intergovernmental fiscal equalisation intergovernmental transfers vertical fiscal imbalance horizontal fiscal imbalance iscal capacity model poverty index subnational government The paper deploys a mixed method approach in modelling intergovernmental fiscal equalisation in Zimbabwe. The desirability of the proposed fiscal capacity model is premised on the argument that the anecdotal vertical fiscal imbalance is a structural issue whose antidote is reassignment of revenue or expenditure responsibilities among different governmental tiers. The fiscal capacity model, as we have proposed, is underpinned by five variables, namely, total amount to be allocated as declared in the national budget, poverty index (poverty prevalence rate), population of the area, size of the local economy (revenue/GDP ratio) and the estimated intrinsic value of the sub-soil natural resource endowments of the area.1 66 4 535 550 2023-01-05T13:32:35Z 2023-01-05T13:32:35Z 2021 journal article https://cris.library.msu.ac.zw//handle/11408/5348 https://doi.org/10.35551/PFQ_2021_4_5 en Public Finance Quarterly 0031496X open Hindawi |
| spellingShingle | intergovernmental fiscal equalisation intergovernmental transfers vertical fiscal imbalance horizontal fiscal imbalance iscal capacity model poverty index subnational government Vincent Chakunda Canicio Dzingirai Arthur Chikerema Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances |
| title | Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances |
| title_full | Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances |
| title_fullStr | Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances |
| title_full_unstemmed | Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances |
| title_short | Modelling Intergovernmental Fiscal Equalisation in Zimbabwe: Towards Resolving Vertical and Horizontal Fiscal Imbalances |
| title_sort | modelling intergovernmental fiscal equalisation in zimbabwe: towards resolving vertical and horizontal fiscal imbalances |
| topic | intergovernmental fiscal equalisation intergovernmental transfers vertical fiscal imbalance horizontal fiscal imbalance iscal capacity model poverty index subnational government |
| url | https://cris.library.msu.ac.zw//handle/11408/5348 https://doi.org/10.35551/PFQ_2021_4_5 |
| work_keys_str_mv | AT vincentchakunda modellingintergovernmentalfiscalequalisationinzimbabwetowardsresolvingverticalandhorizontalfiscalimbalances AT caniciodzingirai modellingintergovernmentalfiscalequalisationinzimbabwetowardsresolvingverticalandhorizontalfiscalimbalances AT arthurchikerema modellingintergovernmentalfiscalequalisationinzimbabwetowardsresolvingverticalandhorizontalfiscalimbalances |