Viera PapcunovΓ‘
Dana Orszaghova
Michal LevickΓ½
Radomira Hornyak Greganova
Jarmila HudΓ‘kovΓ‘
Abstract:
Managing crisis situations depends on the preparedness of local self-governments, the availability of their resources, and their ability to respond to changing conditions. The main objective of the paper is to evaluate the impact of crisis situations on the tax revenues of local self-governments. For the analysis we selected a group of small municipalities (up to 199 inhabitants) that are most sensitive to changes in financing. They represent 13% of the total number of municipalities. The evaluation time period is 2005 to 2023, which captures the economic crisis, the pandemic crisis, and the energy crisis. The analysis showed that the economic crisis and the Covid-19 pandemic hit small municipalities the hardest through tax revenues, which saw a decline compared to pre-crisis periods. In addition, Covid-19 also negatively affected local tax revenues. Conversely, the energy crisis has only marginally affected small municipalities in context of reduced local tax revenues.
Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference β LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
