Journal ArticleDOI
Toward A Second-Generation Theory of Fiscal Federalism
TLDR
A second-generation theory of fiscal federalism is emerging that provides new insights into the structure and working of federal systems and its implications for the design of fiscal institutions as discussed by the authors...Abstract:
Drawing on a wide range of literature and ideas, a new “second-generation theory of fiscal federalism” is emerging that provides new insights into the structure and working of federal systems. After a restatement and review of the first-generation theory, this paper surveys this new body of work and offers some thoughts on the ways in which it is extending our understanding of fiscal federalism and on its implications for the design of fiscal institutions.read more
Citations
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Second generation fiscal federalism: The implications of fiscal incentives
TL;DR: In this paper, the authors consider the design of intergovernmental transfers and show how non-linear transfer systems can produce both equalization and high marginal fiscal incentives to produce local economic growth, while FGFF emphasizes correcting vertical and horizontal equity, SGFF emphasizes the importance of fiscal incentives for producing local economic prosperity.
Journal ArticleDOI
Assessing the Importance of Tiebout Sorting: Local Heterogeneity from 1850 to 1990
TL;DR: In this paper, the authors argue that long-run trends in geographic segregation are inconsistent with models where residential choice depends solely on local public goods and develop an extension of the Tiebout model that predicts as mobility costs fall, heterogeneity across communities of individual public good preferences and of public good provision must (weakly) increase.
Journal ArticleDOI
Second Generation Fiscal Federalism: Political Aspects of Decentralization and Economic Development
TL;DR: In this article, the authors explore how various forms of fiscal federalism work in the presence of political officials who, rather than being benevolent social planners, face different forms of political incentives.
Posted Content
Fiscal Decentralization and Economic Growth in OECD Countries: Is There a Relationship?
TL;DR: This paper study the relationship between decentralization and economic growth for 23 OECD countries from 1975 to 2001 by using new panel data on sub-federal tax autonomy and conclude that decentralization is unrelated to economic growth.
Journal ArticleDOI
The Impact of Fiscal Decentralization: A Survey.
TL;DR: A comprehensive and updated review of the impact of decentralization on the economy, society and politics can be found in this article, where the authors discuss the main findings in the existing literature on the effects of decentralisation on a relevant list of socioeconomic variables.
References
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Journal ArticleDOI
A Pure Theory of Local Expenditures
TL;DR: The authors show that the Musgrave-Samuelson analysis, which is valid for federal expenditures, need not apply to local expenditures, and restate the assumptions made by Musgrave and Samuelson and the central problems with which they deal.
Journal ArticleDOI
The Pure Theory of Public Expenditure
TL;DR: In this paper, the authors propose a method to use the information of the user's interaction with the service provider in order to improve the quality of the service provided to the user.
Book
Democracy in America
TL;DR: De Tocqueville examines the structures, institutions and operation of democracy, and shows how Europe can learn from American success and failures as mentioned in this paper, and also predicts that slavery will bring about the'most horrible of civil wars', foresees that the USA and Russia will be the Superpowers of the twentieth century, and is 150 years ahead of his time in his views on the position and importance of women.
Journal ArticleDOI
Democracy in America.
Donald J. Pierce,Alexis Charles Henri Maurice Clérel de Tocqueville,Phillips Bradley,Harold J. Laski +3 more
Journal ArticleDOI
The calculus of consent : logical foundations of constitutional democracy
James M. Buchanan,Gordon Tullock +1 more
TL;DR: The Calculus of Consents as mentioned in this paper analyzes the calculus of the rational individual when faced with questions of constitutional choice and examines the (choice) process extensively only with reference to the problem of decision-making rules.