Econ Papers Daily / 期刊论文
财政规则对建筑许可和经济活动的影响：准实验证据
The effects of fiscal rules on building permits and economic activity: quasi-experimental evidence
摘要
We provide quasi-experimental evidence of the effects of municipal budget rules on the level of local economic activity exploiting the fact that, in 1999, the Italian government imposed a balanced-budget fiscal rule on all municipal governments but in 2001 exempted municipalities below 5,000 inhabitants. Municipalities which remained subject to budget rules increased taxes but also experienced a significant increase in the number of firms and workers. The increase in taxes was largely financed through issuing more building permits, which led to higher urban revenues. To support the claim that building permits is a plausible mechanism which attracts more firms, in the face of higher taxes, we show that the positive impact of budget rules on employment growth and firms’ entry is concentrated in municipalities with no physical constraints to urban planning and development. (JEL D73, H72, R52, R31, R33)
中文摘要
我们利用1999年意大利政府对所有市级政府实施平衡预算财政规则、但2001年豁免5000人以下市镇的准自然实验，提供了市政预算规则对地方经济活动水平影响的准实验证据。受预算规则约束的市镇在增加税收的同时，企业数量和工人数量也显著增长。税收增长主要通过发放更多建筑许可证来弥补，这带来了更高的城市财政收入。为论证建筑许可是在税收增加背景下吸引更多企业的合理机制，我们证明预算规则对就业增长和企业进入的积极影响，集中体现在城市规划与发展不受物理条件限制的市镇。（JEL分类号：D73, H72, R52, R31, R33）