Innovation science and technologiy 2-tom 1-san (2026)
MULTI-INDICATOR SYSTEM FOR ASSESSING THE FINANCIAL INDEPENDENCE OF LOCAL BUDGETS AND THE METHODOLOGY FOR FORMING AN INTEGRAL INDEX
Muxitdinov, Sidikkhoja
Annotaciya
This article develops a multi-indicator framework for assessing the financial independence of local budgetsand proposes a methodology for constructing an integral Financial Independence Index (FMI). The study systematicallyanalyzes key indicators, including revenue autonomy, transfer dependency, vertical fiscal imbalance, tax autonomy,expenditure autonomy, fiscal effort, and own-revenue stability. The economic substance, calculation formulas, andnormative threshold values of each indicator are substantiated.Furthermore, a methodological approach to aggregating these indicators into a unified composite index throughnormalization and weighting procedures is proposed. Various weighting techniques, such as the Analytic Hierarchy Process(AHP), the entropy method, and regression-based approaches, are examined. The proposed methodology provides acomprehensive tool for evaluating the financial independence of local budgets, enabling interregional comparisons andassessing the effectiveness of fiscal decentralization policies
local budgets, financial independence, fiscal decentralization, revenue autonomy, transfer dependency, vertical fiscal imbalance, tax autonomy, expenditure autonomy, fiscal effort, composite index, FMI, budget sustainability, regional finance, normative thresholds, assessment methodology
Metadata derekkózi: jurnal OAI-PMH arxivi · Sindex tolıq mátindi saqlamaydı, derekkózge silteme beredi.