1999 economic essay federalism fiscal journal oates w

Google Scholar Riker, W. Papers in Regional Science 74, pp — Google Scholar. Google Scholar. Federal government redistributes the income to lower levels of government using tools that are called grants. Following Sharma , any existing revenue-expenditure asymmetry between the two levels of a government should simply be called a Vertical Fiscal Asymmetry VFA. Skip to main content. Search SpringerLink Search. Matching grants are more effective in encouraging expenditures for specific purpose. Devolution Regional state. Google Scholar Bryce, J. Blanchard, O. Google Scholar Rodden, J. Reprints and Permissions. New York: Cambridge University Press.

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The concepts of fiscal federalism are related to vertical and horizontal fiscal relations. Weingast,
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Fischel, William A,
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London: MacMillan. In fact, fiscal federalism is a general normative framework for assignment of functions to the different levels of government and appropriate fiscal instruments for carrying out these functions [3]. Mimeo, University of Maryland Google Scholar. Another reason is that the federal government may try to offer states and localities incentives to undertake additional spending, from which will benefit also neighboring communities or the whole country. New York, London: W.
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Papers in Regional Science 74, pp — Google Scholar.
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Public goods in general are goods that are neither excludable nor rival. Wallace E. Arrow, K.
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