Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:39:59am WEST
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Daily Overview |
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D09: Financing the State in Emerging Economies Location: Room 109 (Francesinhas 1) | |
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Do Fiscal Transfers Stick under Fiscal Stress? Evidence of the Flypaper Effect from Manipur in North-Eastern Region of India National Institute of Public Finance and Policy, India Amid persistent fiscal pressures, rising debt, intergovernmental imbalances, and global economic uncertainty, this paper investigates the flypaper effect in India’s North-Eastern Region, focusing on Manipur, a state structurally dependent on central transfers due to geographic isolation, a narrow tax base, ethnic diversity, and entrenched institutional arrangements. Despite fiscal reforms, heavy reliance on transfers raises concerns about fiscal autonomy and expenditure incentives. Using annual data (1987–2023) from the Reserve Bank of India and Union Budget documents, Augmented Dickey–Fuller and Engle–Granger tests indicate I(1) variables with no cointegration, justifying first-difference log-linear estimation. Results reveal that central grants generate significantly larger expenditure responses than own revenue across expenditure categories. The extended model specification finds no evidence supporting the Hamilton (1986) costly taxation hypothesis. Although grants stimulate short-run expenditure, grant dependence negatively affects expenditure growth, suggesting constrained long-run fiscal flexibility and persistent structural dependence, with implications for sustainability and decentralisation effectiveness in fragile federations.
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