Budgetary Self-Sufficiency as a Problem of the Governmental Programming of Regional Development

 
PIIS042473880006774-0-1
DOI10.31857/S042473880006774-0
Publication type Article
Status Published
Authors
Affiliation: Central Economics and Mathematics Institute, Russian Academy of Sciences
Address: Moscow, Russian Federation
Affiliation: Central Economics and Mathematics Institute, Russian Academy of Sciences
Address: Moscow, Russian Federation
Journal nameEkonomika i matematicheskie metody
EditionVolume 55 Issue 4
Pages68-77
Abstract

 

 

An approach to the structural analysis of the governmental program of macro-region development which allows controlling the levels of regional budgetary self-sufficiency is proposed. This approach is applied to the “Development of the North Caucasian Federal District until 2025” Governmental Program of the Russian Federation. Two interrelated hypotheses about the presence of negative feedback between the share of program activities of a market nature in the expenditures of the regional consolidated budget and the share of non-repayable transfers in its revenues as well as positive feedback between the share of program activities of a market nature in the expenditures of the regional consolidated budget and the share of taxes on business in its revenues are substantiated. An approach to estimate the validity of the volumes of federal transfers allocated to regions is proposed. For this purpose, an indicator of regional budgetary self-sufficiency potential is introduced. The information and analytical database of the research includes data on the execution of the regional consolidated budgets in 2001–2017 from the Russian Federal Treasury, as well as budget classification of the Russian Ministry of Finance. Conclusions and results of the study can be used in strategic, including budget, planning in order to improve legal support for the management of the governmental programs of regional development.

Keywordsregional development, North Caucasian Federal District, governmental program, program structure, program activities, regional consolidated budget, budgetary self-sufficiency, non-repayable receipts, federal intergovernmental transfers, business taxes, subsidies, budget investments, correlation analysis.
Received21.10.2019
Publication date16.12.2019
Number of characters29830
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