서울시 재산세 공동과세제도가 자치구의 재정건전성에 미치는 영향 분석

서울시 재산세 공동과세제도가 자치구 재정건전성에 미친 영향을 분석했다.

This paper examines the effects that the Property Tax-Sharing System, established in 2008 by Seoul Metropolitan government, has had on administrative district's financial condition. In particular, financial condition in administrative district is measured by the following variables: (1) the ratio of operating expenses in total expenses, (2) capital expenses, (3) the ratio of own project/business expenses in total expenses, and (4) the ratio of own general revenues in total general revenues.

To do that, the paper uses cross-sectional time-series data over the 6 years from 2005 to 2010 in 12 administrative districts in Seoul, and employs two research methods, i.e., ANOVA (analysis of variance) and regression analysis. According to empirical results, financial condition in administrative districts has been generally improved since the system was established in 2008. In details, it has contributed to a decrease in the ratio of operating expenses, an increase in capital expenses, and an increase in the ratio of own general revenues.

But it should be careful to draw any conclusion on the system's long-term effects on financial condition in administrative districts, because it have been operating in a short period of time.