public sector decentralization, subnational government autonomy, Leontief model
Local budgeting in transition countries is an important process because it can reveal the extent to which fiscal decentralization has occurred. Because central planning regimes were highly centralized, adopting a market/democratic approach requires a devolution of power from the central government to regions and municipalities. A Leontief model is presented as a simple theoretical approach to local budgeting. Local revenues are considered as financial inputs and local expenditures as financial outputs. A method of measuring the degree of local autonomy as a part of the budgeting process is a part of this model.
Original Publication Citation
P. Bryson. "A Leontief Model of Municipal Budgeting," Journal of International Business and Economics, Vol. 8, No. 1, 28, pp. 123-127.
BYU ScholarsArchive Citation
Bryson, Phillip J., "A Leontief Model of Municipal Budgeting" (2008). All Faculty Publications. 919.
International Academy of Business and Economics
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