2017-03-032017-03-032017-03-032017-03-03https://repositorio.banrep.gov.co/handle/20.500.12134/6954This paper presents an estimation of expenditure needs and fiscal capacity of Colombia’s municipalities and departments in 2014. We use standard per capita norms to estimate the spending needs and data envelopment analysis for the local fiscal capacity. The results show that: (i) there are high horizontal fiscal disparities in Colombia, with greater incidence in municipalities than in departments; (ii) these disparities favor more developed territories; and (iii) there is evidence of a centerperiphery pattern in the horizontal fiscal disparities, causing central regions of the country to have a lower imbalance between expenditure needs and fiscal capacity. An equalization transfers system is an option for public policy to eliminate these disparities.39 páginas : mapas, gráficas, tablasPDFengOpen AccessDisparidades fiscales horizontalesCapacidad fiscalNecesidades fiscalesAnálisis envolvente de datosWorking PaperH71 - State and Local Taxation, Subsidies, and RevenueH73 - Interjurisdictional Differentials and Their EffectsH77 - Intergovernmental Relations; Federalism; SecessionR12 - Size and Spatial Distributions of Regional Economic ActivityHorizontal fiscal disparitiesFiscal capacityFiscal needsData envelopment analysisImpuestos -- Colombia -- 2014Política fiscal -- Colombia -- 2014Recaudación de impuestos -- Colombia -- 2014Acceso abiertoAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0H71 - Impuestos, subvenciones e ingresos estatales, autonómicos y localesH73 - Diferencias interjurisdiccionales y sus efectosH77 - Relaciones intergubernamentales; Federalismo; SecesiónR12 - Distribución espacial y dimensional de la actividad económica regionalThe opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.https://hdl.handle.net/20.500.12134/6954