%0 Journal Article
%T Calculating Index of Local Financial Autonomy: Evidence from Mongolia
%A Batjargal Nadmid
%A Ankhbayar Chuluunbaatar
%A Bolormaa Budjav
%J iBusiness
%P 24-36
%@ 2150-4083
%D 2024
%I Scientific Research Publishing
%R 10.4236/ib.2024.161002
%X The provision of local financial independence increases access to public
services, improves the distribution of reserves</span><span style=\"font-family:&quot;\"> and</span><span style=\"font-family:&quot;\"> the efficiency of utilities, and boosts l<span>ocal economic capacity. This article presents the methodology for</span> calculating the index of local financial independence, which comprises six main
indicators: local revenue independence, non-tax revenue independence, tax
independence, financial capacity, the ratio of capital costs, and local
expenditure independence. The result of the local financial autonomy index is
calculated based on a total of 210 samples from 21 provinces of Mongolia,
covering the period from 2013 to 2022.
%K Financial Autonomy
%K Local Financial Indicators
%K Index Methodology
%K Optimal Weights
%K Financial Independence Capacity
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=131263