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@article{ART001329811},
author={Keunjae Lee and JongPil Jeong and Choe, Byeong-Ho},
title={Fiscal Equalization and Convergence in Local Income},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2009},
volume={60},
pages={233-249},
doi={10.15793/kspr.2009.60..013}

TY - JOUR
AU - Keunjae Lee
AU - JongPil Jeong
AU - Choe, Byeong-Ho
TI - Fiscal Equalization and Convergence in Local Income
JO - The Korea Spatial Planning Review
PY - 2009
VL - 60
IS - null
PB - 국토연구원
SP - 233
EP - 249
SN - 1229-8638
AB - This paper analyzes the effect of intergovernmental transfer on the local fiscal equalization and its influence on the convergence of per-capita income under the Participatory Government in Korea. The empirical result shows that the ranking of per-capita fiscal revenue among local governments is reversed after distributing all types of intergovernmental transfers. This result shows that the government has performed excessive local fiscal equalization through grant-in-aids in order to promote Balanced National Development, which has been on of the main national policy objectives. However, we cannot find the evidence on the convergence of per-capita income among localities. This result is a strong evidence for the recent debate on the excessive equalization effect of current transfer system and its influence on the local income convergence.
KW - Fiscal Equalization;Income Convergence;Balanced National Development
DO - 10.15793/kspr.2009.60..013
ER -

Keunjae Lee, JongPil Jeong and Choe, Byeong-Ho. (2009). Fiscal Equalization and Convergence in Local Income. The Korea Spatial Planning Review, 60, 233-249.

Keunjae Lee, JongPil Jeong and Choe, Byeong-Ho. 2009, "Fiscal Equalization and Convergence in Local Income", The Korea Spatial Planning Review, vol.60, pp.233-249. Available from: doi:10.15793/kspr.2009.60..013

Keunjae Lee, JongPil Jeong, Choe, Byeong-Ho "Fiscal Equalization and Convergence in Local Income" The Korea Spatial Planning Review 60 pp.233-249 (2009) : 233.

Keunjae Lee, JongPil Jeong, Choe, Byeong-Ho. Fiscal Equalization and Convergence in Local Income. 2009; 60 233-249. Available from: doi:10.15793/kspr.2009.60..013

Keunjae Lee, JongPil Jeong and Choe, Byeong-Ho. "Fiscal Equalization and Convergence in Local Income" The Korea Spatial Planning Review 60(2009) : 233-249.doi: 10.15793/kspr.2009.60..013

Keunjae Lee; JongPil Jeong; Choe, Byeong-Ho. Fiscal Equalization and Convergence in Local Income. The Korea Spatial Planning Review, 60, 233-249. doi: 10.15793/kspr.2009.60..013

Keunjae Lee; JongPil Jeong; Choe, Byeong-Ho. Fiscal Equalization and Convergence in Local Income. The Korea Spatial Planning Review. 2009; 60 233-249. doi: 10.15793/kspr.2009.60..013

Keunjae Lee, JongPil Jeong, Choe, Byeong-Ho. Fiscal Equalization and Convergence in Local Income. 2009; 60 233-249. Available from: doi:10.15793/kspr.2009.60..013

Keunjae Lee, JongPil Jeong and Choe, Byeong-Ho. "Fiscal Equalization and Convergence in Local Income" The Korea Spatial Planning Review 60(2009) : 233-249.doi: 10.15793/kspr.2009.60..013