Valitova
L.A. Federal Supporting Grants and the
Incentives of Regional Authorities.
This paper analyses the impact of the system of
grants
existing in the Russian Federation as a tool of encouraging regional
economic
development. We have focused on the mechanism and criteria of
supporting grants
allocation. The econometric analysis of comprehensive statistical data
found
the negative distorting influence of this transfer on fiscal incentives
in the
context of decreasing future tax revenues.
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