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Federal Fiscal Policy for Siberian Regions

The paper analyzes Russian fiscal policy toward Siberian regions. The assessment of efficiency of intergovernmental relations set in the spirit of fiscal federalism, in the author’s opinion, should be connected, first of all, with a balance between fiscal revenues and expenditures in regions. It is a matter of correlation of the demand for fiscal expenditures in time and opportunities to meet them by tax and non-tax revenues located in regions (without external resources). In general the SFD showed a good balance of regional demand and local resources to meet them except the recession years. The District could be considered as a self-sufficient region which can maintain its balance, although extremely vulnerable, of the regional revenues and spending. The opportunities to cover the demands by their own revenues significantly differ in the different regions, and a lack of own revenues is reimbursed through outer support. The question is a scope of such support to regions since any centralized support should take into account what appropriate share the region contributes to the total revenues of the country. To what degree our current fiscal policy meets these conditions is in focus of this paper. Our conclusions are: fiscal capacities of region-outsiders could not be less than their contributions to the total revenues of the country; and region-leaders’ contributions could not be an upper limit of their fiscal capacities due to the social and political requirements

Lavrovsky B. L. [email protected]

Goryushkina Ye. A. [email protected]

Murzov I. A. [email protected]

Keywords: SFD regions taxes taxes financial-economic crisis federal budget revenues expenditures

Tax Revenue Trends and the Experience of Their Modeling for Siberia

The paper shows that a downward trend in relation to a share of tax revenues coming from the Siberian Federal District has been changing since 2009 to an upward move. The Siberian economy has revived from the crises faster than the country in whole. We present here the fixed effects models of panel data, and assess features of the Siberian tax field related to spatial and time characteristics. We also show that, over the period of positive market trends observed in 2002-2008, the taxes in the gross were growing mainly due to an extensive factor not connected with structural changes, but its role in the trend is shrinking. The balance of power has been drastically changing since 2009.

Lavrovsky B. L. [email protected]

Murzov I. A. [email protected]

Shiltsin E. A. [email protected]

Keywords: Siberian Federal District taxes Siberian Federal District taxes

Northern regions of Russia: economic dynamics and development problems

The paper describes what regional economic tendencies are observed in the Russian North, and how national crisis processes affect the regional economies. We tried to take into consideration a current necessity of enhancing the innovation factors for the development of both national and regional economies.

Selin V. S. [email protected]

Keywords: taxes financial-economic crisis regulation dynamics innovation forecast country economy region crisis region economy region economy

Solving the problem of oil-dissolved gas utilization: interests and role of oil-producing sectors

The problem of the oil-dissolved gas utilization remains urgent for Russian oil-and-gas sector. Tens of billions of the gas cubic meters continue to be burnt in flares, and the tendency of less utilization has been observed. In prospect, the oil-producing regions could have the significant socio-economic benefits by developing the oil-dissolved gas utilization industries as the negative ecologic effects would be minimized, the higher employment would be attained, the higher tax payments to budgets and more diversified economy would be and etc.

Tokarev A. N. [email protected]

Keywords: oil-dissolved gas oil-producing region utilization gas manufacture taxes stimulation complex programs

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