{"id":269753,"date":"2024-07-25T14:37:38","date_gmt":"2024-07-25T12:37:38","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/269753\/"},"modified":"2024-07-25T14:37:39","modified_gmt":"2024-07-25T12:37:39","slug":"effects-of-high-inflation-on-subnational-governments-budgets","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/269753\/","title":{"rendered":"Effects of High Inflation on Subnational Governments' Budgets"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-269753","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In federal states, adequate funding of the regional authorities is essential for the public sector to fulfill its tasks. Structural development trends and policy measures that increase expenditure and curb revenue worsen budget positions in the medium term. The high inflation of recent years has had direct and indirect, sometimes delayed effects on expenditure and revenue at all levels of government. Using a counterfactual scenario comparison, WIFO estimated the effects of the buoyant inflation on state and local government budgets for the period 2022 to 2025. The result shows that the inflation-induced revenue growth will fall short of the induced additional expenditure.","onlinedate":"2024-07-25 14:00:00","lang":"German","publication_series":"","publication_date":"20240725","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E30\",\"H12\",\"H70\"]","related_publications":"[\"f396489d-ce7f-4572-91e3-96339510a458\",\"3fd78c0e-278d-4bb5-bdde-55e252aaf92a\",\"d55fb7b9-693f-4aa9-827b-bf705d6e9d6e\",\"9d45281c-a7a4-422d-a1cc-f68800b601a5\"]","pdf":269755,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"97","monthly_report_pages":"405-417","monthly_report_pages_sort":"405","issue":"7","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2024-07-25 14:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3859,3792],"persons_data":"[{\"personId\":3859,\"personName\":\"Simon Loretz\",\"organisationNames\":[]},{\"personId\":3792,\"personName\":\"Hans Pitlik\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
Loretz, S.<\\\/span>, & Pitlik, H.<\\\/span> (2024). Auswirkungen hoher Inflation auf die Haushalte der subnationalen Gebietsk\u00f6rperschaften<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 97<\\\/em>(7), 405-417.<\\\/div>\",\"vancouver\":\"
Loretz S<\\\/span>, Pitlik H<\\\/span>. Auswirkungen hoher Inflation auf die Haushalte der subnationalen Gebietsk\u00f6rperschaften<\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2024 Jul 25;97(7):405-417.<\\\/div>\",\"bibtex\":\"
@misc{2ac3915f05c349969aa4c9bfc7c4943d,<\\\/div>
title = \\\"Auswirkungen hoher Inflation auf die Haushalte der subnationalen Gebietsk{\\\\\\\"o}rperschaften\\\",<\\\/div>
abstract = \\\"In f{\\\\\\\"o}derativen Staatswesen ist die ad{\\\\\\\"a}quate Mittelausstattung der Gebietsk{\\\\\\\"o}rperschaften von wesentlicher Bedeutung f{\\\\\\\"u}r die Aufgabenerf{\\\\\\\"u}llung des {\\\\\\\"o}ffentlichen Sektors. Strukturelle Entwicklungstrends und Politikma{\\\\ss}nahmen, welche die Ausgaben erh{\\\\\\\"o}hen und die Einnahmen d{\\\\\\\"a}mpfen, verschlechtern mittelfristig die Budgetpositionen. Die hohe Inflation der vergangenen Jahre hat direkte und indirekte, teilweise verz{\\\\\\\"o}gerte Effekte auf Ausgaben und Einnahmen aller Verwaltungsebenen. Mittels eines kontrafaktischen Szenarienvergleichs sch{\\\\\\\"a}tzte das WIFO die Auswirkungen des lebhaften Preisauftriebes auf die Haushalte der L{\\\\\\\"a}nder und Gemeinden f{\\\\\\\"u}r den Zeitraum 2022 bis 2025. Im Ergebnis bleiben die inflationsinduzierten Einnahmenzuw{\\\\\\\"a}chse hinter den induzierten Mehrausgaben zur{\\\\\\\"u}ck.\\\",<\\\/div>
keywords = \\\"Inflation, {\\\\\\\"o}ffentliche Haushalte, L{\\\\\\\"a}nder, Gemeinden\\\",<\\\/div>
author = \\\"Simon Loretz and Hans Pitlik\\\",<\\\/div>
year = \\\"2024\\\",<\\\/div>
month = jul,<\\\/div>
day = \\\"25\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"97\\\",<\\\/div>
pages = \\\"405--417\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - Auswirkungen hoher Inflation auf die Haushalte der subnationalen Gebietsk\u00f6rperschaften<\\\/p>

AU - Loretz, Simon<\\\/p>

AU - Pitlik, Hans<\\\/p>

PY - 2024\\\/7\\\/25<\\\/p>

Y1 - 2024\\\/7\\\/25<\\\/p>

N2 - In f\u00f6derativen Staatswesen ist die ad\u00e4quate Mittelausstattung der Gebietsk\u00f6rperschaften von wesentlicher Bedeutung f\u00fcr die Aufgabenerf\u00fcllung des \u00f6ffentlichen Sektors. Strukturelle Entwicklungstrends und Politikma\u00dfnahmen, welche die Ausgaben erh\u00f6hen und die Einnahmen d\u00e4mpfen, verschlechtern mittelfristig die Budgetpositionen. Die hohe Inflation der vergangenen Jahre hat direkte und indirekte, teilweise verz\u00f6gerte Effekte auf Ausgaben und Einnahmen aller Verwaltungsebenen. Mittels eines kontrafaktischen Szenarienvergleichs sch\u00e4tzte das WIFO die Auswirkungen des lebhaften Preisauftriebes auf die Haushalte der L\u00e4nder und Gemeinden f\u00fcr den Zeitraum 2022 bis 2025. Im Ergebnis bleiben die inflationsinduzierten Einnahmenzuw\u00e4chse hinter den induzierten Mehrausgaben zur\u00fcck.<\\\/p>

AB - In f\u00f6derativen Staatswesen ist die ad\u00e4quate Mittelausstattung der Gebietsk\u00f6rperschaften von wesentlicher Bedeutung f\u00fcr die Aufgabenerf\u00fcllung des \u00f6ffentlichen Sektors. Strukturelle Entwicklungstrends und Politikma\u00dfnahmen, welche die Ausgaben erh\u00f6hen und die Einnahmen d\u00e4mpfen, verschlechtern mittelfristig die Budgetpositionen. Die hohe Inflation der vergangenen Jahre hat direkte und indirekte, teilweise verz\u00f6gerte Effekte auf Ausgaben und Einnahmen aller Verwaltungsebenen. Mittels eines kontrafaktischen Szenarienvergleichs sch\u00e4tzte das WIFO die Auswirkungen des lebhaften Preisauftriebes auf die Haushalte der L\u00e4nder und Gemeinden f\u00fcr den Zeitraum 2022 bis 2025. Im Ergebnis bleiben die inflationsinduzierten Einnahmenzuw\u00e4chse hinter den induzierten Mehrausgaben zur\u00fcck.<\\\/p>

KW - Inflation<\\\/p>

KW - \u00f6ffentliche Haushalte<\\\/p>

KW - L\u00e4nder<\\\/p>

KW - Gemeinden<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

VL - 97<\\\/p>

SP - 405<\\\/p>

EP - 417<\\\/p>

JO - WIFO-Monatsberichte<\\\/p>

JF - WIFO-Monatsberichte<\\\/p>

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Schobert Cornelia\"]","scientific_review":"[\"Schratzenstaller Margit\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nEffects of High Inflation on Subnational Governments' Budgets - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/269753\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Effects of High Inflation on Subnational Governments' Budgets\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/269753\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-25T12:37:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/269753\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/269753\\\/\",\"name\":\"Effects of High Inflation on Subnational Governments' Budgets - 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