It is substantiated that the necessary institutional prerequisite for increasing effectiveness of extended reproduction and economic development natural resource potential modernization mechanism nature use both at national, regional local levels, in particular part transformation system fiscal regulation subsoil extraction minerals. Studies have shown deepening budget-fiscal decentralization r...

The bias against mangrove areas in siting fish farms prompted a comparison of the cost structure and yield performance in upland and mangrove locations. Tools utilized included descriptive statistics, budgetary and cash flow analyses and profitability ratios. Empirical results revealed that substantial revenue could be realized from both farms. While the upland farms yielded average gross reven...

Budgeting and budgetary control entail the establishment of goals by management an organization designing a process that serves as framework within which effectively articulates overall planned activities. The quantification these activities in financial terms is known budgeting, while effective mechanism to guarantee desired results control. This study, therefore, sought undertake systematic r...

BACKGROUND Previous studies on informal patient payments have mostly focused on the magnitude and determinants of these payments while the attitudes of health care actors towards these payments are less well known. This study aims to reveal the attitudes of Hungarian health care consumers towards informal payments to provide a better understanding of this phenomenon. METHODS For the analysis,...

We study here the effects of future tax and budgetary shocks on present levels of economic activity and real interest rates in a nonmonetary and possibly non-Ricardian economy. The paper first takes up an (unanticipated) temporary tax cut to be effective on a given future date—a delayed “debt bomb.” The sudden prospect of this future-dated shock causes at once a drop in the (unit) value placed ...

Which budgetary institutions result in efficient provision of public goods? We analyze a model with two parties bargaining over the allocation to a public good each period. Parties place different values on the public good, and these values may change over time. We focus on budgetary institutions that determine the rules governing feasible allocations to mandatory and discretionary spending pro...