LOCAL PUBLIC UTILITIES' PROFITS AND MUNICIPAL EXPENSES IN GERMANY: AN EMPIRICAL ANALYSIS

Based on the empirical findings in previous work, one can state that German cities and municipalities have faced rising expenses over the last years. As for existing literature, there has been no influential empirical work on revenue diversification in Germany. Some US authors have dealt with this t...

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Bibliographic Details
Published in:Proceedings. Annual Conference on Taxation and Minutes of the Annual Meeting of the National Tax Association 2006-01, p.422
Main Authors: Haug, Peter, Nerré, Birger
Format: Article
Language:English
Subjects:
Annual reports
Budgets
Corporate profits
Diversification
Government spending
Liberalization
Municipalities
Per capita
Price elasticity
Profitability
Profits
Public utilities
Studies
Tax rates
Tax revenues
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Summary:Based on the empirical findings in previous work, one can state that German cities and municipalities have faced rising expenses over the last years. As for existing literature, there has been no influential empirical work on revenue diversification in Germany. Some US authors have dealt with this topic more intensively, but mainly focused on the diversification of tax revenues. In this paper, first, some empirical facts on German local public utility profits will be presented. Then, researchers derive a per capita expenditure function from several positive theories of public choice for the estimation of interdependencies between local utility profits and local government expenses. Finally, some conclusions will be drawn and an outlook on future research work will be given. The estimation results indicate a positive relationship between current expenditures and disposable local public utility profits.
ISSN:1549-7542
2377-567X