Hostname: page-component-78c5997874-8bhkd Total loading time: 0 Render date: 2024-11-15T12:04:21.676Z Has data issue: false hasContentIssue false
  • English
  • Français

El Fondo Común Municipal: ¿Cuál es su rol en la convergencia de ingresos locales?

Published online by Cambridge University Press:  05 September 2022

Yasna Cortés  and
Dusan Paredes
Yasna Cortés
Affiliation:
Universidad Católica del Norte
Dusan Paredes
Affiliation:
Universidad Católica del Norte
Rights & Permissions [Opens in a new window]

Resumen

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

Este artículo discute la relación entre el Fondo Común Municipal (FCM) y la convergencia de ingresos municipales en Chile entre 2001 y 2011. Utilizando cuasi experimentos y ecuaciones dinámicas, se demuestra que este instrumento no tiene un efecto significativo en la velocidad de convergencia. El débil desarrollo de la descentralización y los bajos incentivos de las municipalidades para obtener fuentes propias de financiamiento, podrían promover diversos comportamientos estratégicos que distorsionarían el efecto redistributivo del FCM en las municipalidades, disminuyendo su impacto en la reducción de las disparidades territoriales en Chile.

Abstract

Abstract

This article discusses the relation between the Municipal Common Fund (Fondo Común Municipal, FCM) and the convergence in municipal income in Chile between 2001 and 2011. Using quasi experiments and dynamic equations, we demonstrate that this decentralization instrument does not have a significant effect on the speed of convergence. The weak development of decentralization and the low incentives for municipalities to obtain their own sources of financing could promote strategic behaviors that distort the redistributive effect of the FCM for municipalities. That fact would decrease the impact of the FCM in reducing regional disparities in Chile.

Type
Research Article
Information
Latin American Research Review , Volume 51 , Issue 3 , 2016 , pp. 161 - 180
Copyright
Copyright © 2016 by the Latin American Studies Association

Footnotes

Los autores reconocen el apoyo de CONICYT a través del proyecto Fondecyt 11121247 “Understanding Income Inequality Persistency and Its Spatial Dimension in Chile” y del proyecto CONICYT “Apoyo a la formación de redes internacionales entre centos de investigación 2012” Redes 12-0047.

References

Referencias

Angrist, Joshua D., y Pischke, Jörn-Steffen 2009 “The Experimental Ideal”. En Mostly Harmless Econometrics: An Empiricist's Companion, 9–18. Princeton, NJ: Princeton University Press.CrossRefGoogle Scholar
Arellano, Manuel, y Bond, Stephen 1991 “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations”. Review of Economic Studies 58 (2): 277–297.CrossRefGoogle Scholar
Armstrong, Harvey, y Taylor, Jim 2000 Regional Economics and Policy. Oxford, Reino Unido: Blackwell.Google Scholar
Bardhan, Pranab 2002 “Decentralization of Governance and Development”. Journal of Economic Perspectives 16 (4): 185–205.CrossRefGoogle Scholar
Barro, Robert J., y Sala-i-Martin, Xavier 1992 “Convergence”. Journal of Political Economy 100 (2): 223–251.CrossRefGoogle Scholar
Baumol, William J. 1986 “Productivity Growth, Convergence, and Welfare: What the Long-Run Data Show”. American Economic Review 76 (5): 72–85.Google Scholar
Bernstein, Felipe, y Inostroza, José 2009 “Modernización municipal y un sistema de evaluación de su gestión: Propuesta de una arquitectura”. En Un mejor Estado para Chile, 265–301. Santiago de Chile: Pontificia Universidad Católica de Chile, Consorcio para la Reforma del Estado.Google Scholar
Blundell, Richard, y Bond, Stephen 1998 “Initial Conditions and Moment Restrictions in Dynamic Panel Data Models”. Journal of Econometrics 87 (1): 115–143.CrossRefGoogle Scholar
Bond, Stephen, Hoeffler, Anke y Temple, Jonathan 2001 GMM Estimation of Empirical Growth Models. Working Paper No. 348. Londres: Center for Economic Policy Research.Google Scholar
Caselli, Francesco, Esquivel, Gerardo y Lefort, Fernando 1996 “Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics”. Journal of Economic Growth 1 (3): 363–389.CrossRefGoogle Scholar
Crivelli, Ernesto 2012 “Local Governments' Fiscal Balance and Privatization in Transition Countries”. Economics of Transition 20 (4): 677–703.CrossRefGoogle Scholar
Espinoza, José, y Marcel, Mario 1993 Descentralización fiscal: El caso de Chile. Santiago de Chile: Comisión Económica para América Latina y el Caribe.Google Scholar
Hayek, Friedrich 1945 “The Use of Knowledge in Society”. American Economic Review 35 (4): 519–530.Google Scholar
Henríquez, José Marcelo, Fuenzalida, Javier y Fierro, Francisca Del 2011 “Compensando la desigualdad de los ingresos locales: El Fondo Común (FCM) en Chile”. Santiago de Chile: Centro de Sistemas Públicos, Universidad de Chile.Google Scholar
Horst, Bettina 2009 “Fuentes de financiamiento para gobiernos subnacionales y descentralización fiscal”. En Un mejor Estado para Chile, 207–240. Santiago de Chile: Pontificia Universidad Católica de Chile, Consorcio para la Reforma del Estado.Google Scholar
Krugman, Paul 1991 “Increasing Returns and Economic Geography”. Journal of Political Economy 99 (3): 483–499.CrossRefGoogle Scholar
Lessmann, Christian 2011 Regional Inequality and Decentralization: An Empirical Analysis. CESifo Working Papers Series No. 3568. Dresden: Center for Economic Studies and Ifo Institute.Google Scholar
Leyton, Cristian 2006 “Balance del proceso de descentralización en Chile (1990–2005): Una mirada regional y municipal”. Tesis de grado, magister gestión y políticas públicas. Santiago de Chile: Universidad de Chile.Google Scholar
Morgan, Stephen L., y Winship, Christopher 2007 “The Counterfactual Model”. En Counterfactuals and Causal Inference, 31–57. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Oates, Wallace 1972 Fiscal Federalism. vol. 2. New York: Harcourt Brace Jovanovich.Google Scholar
OCDE (Organización para la Cooperación y el Desarrollo Económicos) 2009 Estudios territoriales de la OCDE: Chile. París: OCDE.Google Scholar
Persyn, Damiaan, y Algoed, Koen 2011 The Effect of Interregional Redistribution on Regional Growth and Convergence. Discussion Paper No. 4. Leuven, Bélgica: VIVES, Faculty of Economics and Business, KU Leuven.Google Scholar
Prud'homme, Rémy 1995 “The Dangers of Decentralization”. World Bank Research Observer 10 (2): 201–220.CrossRefGoogle Scholar
Raczynski, Dagmar, y Serrano, Claudia 2001 Descentralización: Nudos críticos. Santiago de Chile: Corporación de Investigaciones Económicas para Latinoamérica (CIEPLAN).Google Scholar
Rey, Sergio, y Janikas, Mark 2005 “Regional Convergence, Inequality and Space”. Journal of Economic Geography 5 (2): 155–176.CrossRefGoogle Scholar
Robinson, Mark 2007 “Does Decentralization Improve Equity and Efficiency in Public Service Delivery Provision?” IDS Bulletin 38 (1): 7–17.CrossRefGoogle Scholar
Rodríguez-Pose, Andrés, y Ezcurra, Roberto 2010 “Does Decentralization Matter for Regional Disparities? A Cross-Country Analysis”. Journal of Economic Geography 10 (5): 619–644.CrossRefGoogle Scholar
Rodríguez-Pose, Andrés, y Gill, Nicholas 2005 “On the ‘Economic Dividend’ of Devolution”. Regional Studies 39 (4): 405–420.CrossRefGoogle Scholar
Roodman, David 2006 How to Do xtabond2: An Introduction to “Difference” and “System” GMM in Stata. Working Paper No. 103. Washington, DC: Center for Global Development.Google Scholar
Rounds Parry, Taryn 1997 “Achieving Balance in Decentralization: A Case Study of Educational Decentralization in Chile”. World Development 25 (2): 211–225.CrossRefGoogle Scholar
Sepúlveda, Cristián, y Martínez-Vázquez, Jorge 2010 The Consequences of Fiscal Decentralization on Poverty and Income Inequality. Working Paper 10–02. Atlanta: Andrew Young School of Policy Studies, Georgia State University.Google Scholar
Serrano, Claudia, y Berner, Heidi 2002 “Chile: Un caso poco frecuente de indisciplina fiscal (bailout) y endeudamiento encubierto en la educación municipal”. Corporación de Investigaciones Económicas para Latinoamérica, 1–63. Washington, DC: Banco Interamericano de Desarrollo.Google Scholar
Tiebout, Charles 1956 “A Pure Theory of Local Expenditures”. Journal of Political Economy 64 (5): 416–424.CrossRefGoogle Scholar
Tselios, Vassilis, Rodríguez-Pose, Andrés, Pike, Andy, Tomaney, John y Torrisi, Gianpiero 2011 Income Inequality, Decentralisation and Regional Development in Western Europe. Working Paper No. 16. Madrid: Imdea Social Science.Google Scholar
Weeks, Melvyn, y Yao, James Yudong 2003 “Provincial Conditional Income Convergence in China, 1953–1997: A Panel Data Approach”. Econometric Reviews 22 (1): 59–77.CrossRefGoogle Scholar