000			02723 a2200157 4500
020			_a9780857939944
082			_a336 _bOAT
100			_aOates Wallace E.
245			_aFiscal federalism
260			_aCheltenham _bEdward Elgar Pub. Ltd. _c2011
300			_axx,256p.
500			_aContents Preface Preface to the paperback edition Introduction 21 Chapter One An Economic Approach to Federalism The economic case for centralized government The economic case for decentralized government The optimal form of government: a federal system The economic meaning of federalism Appendix: Local-Government Countercyclical Policy Chapter Two The Division of Functions Among Levels of Government An ideal case: a perfect correspondence The determination of the optimal-sized jurisdiction The problem of interjurisdictional externalities The costs of collective decision-making Consumer mobility and congestion costs Appendix: The Decentralization Theorem and the Optimal-Sized Jurisdiction 54 Chapter Three The Theory and Use of Intergovernmental Grants 65 External effects and unit subsidies or taxes Imperfect correspondence and intergovernmental grants Conditional and unconditional grants and resource allocation Unconditional intergovernmental grants and the redistribution of income Unconditional grants and the problem of horizontal equity Some reflections on the theory and use of intergovernmental grants Appendix A: Reciprocal Externalities and Inter governmental Grants 95 Appendix B: Intergovernmental Grants in a Model of Collective Choice 105 Chapter Four Taxation and Debt Finance in a Federal System 119 Criteria for the evaluation of a tax system Local spending and taxation: an analytic framework A model of efficient local finance The use of nonbenefit taxes by local governments Some further problems in local taxation The case for tax harmonization A further role for intergovernmental grants: revenue sharing Debt finance in a federal system Appendix: The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitaliza tion and the Tiebout Hypothesis 162 Chapter Five An Empirical Study of Federal Finance 181 Public policy for high employment and stable prices Public redistributive activity An econometric study of the degree of fiscal centrali-zation Decentralization and the size of the public sector Appendix: Complete Set of Regression Equations 214 Chapter Six The Dynamics of Federalism Dynamic tendencies in fiscal federalism Historical tendencies in fiscal centralization The future of fiscal federalism Data Appendix Index
890			_aUnited Kingdom
891			_aFM
942			_2ddc
999			_c38967 _d38967