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The Impact Of Intergovernmental Grants On The Aggregate Public Sector
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Book Synopsis The Impact of Intergovernmental Grants on the Aggregate Public Sector by : Daniel P. Schwallie
Download or read book The Impact of Intergovernmental Grants on the Aggregate Public Sector written by Daniel P. Schwallie and published by Praeger. This book was released on 1989-05-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of the intergovernmental grant system have long been a topic of debate among politicians, economists, and political scientists. Until now, however, the question of the impact of grants on the aggregate public sector has been largely neglected. In this volume, Schwallie offers the first detailed study of the extent to which grants-in-aid have affected the size of government. In the process, he provides a good introduction to both the normative and positive theories of intergovernmental grants and a useful summary of grants-in-aid research over the past 25 years. With the aid of economic models that analyze governmental fiscal decision making, econometric findings, and recent empirical studies, Schwallie develops a well-defined theory that explains how a system of intergovernmental grants might affect aggregate public sector size. Schwallie relates models of fiscal decision making to the effect of intergovernmental grants on recipient government fiscal decisions and defines the optimal behavior of both grantor and recipient governments. Several chapters offer a measured critique of both the empirical research on intergovernmental grants and theoretical models proposed to explain grantor and recipient behavior. Finally, Schwallie proposes his own general equilibrium theory of intergovernmental grants, which not only explains the existence of intergovernmental grants, but also provides a structure for measuring their impact on aggregate public sector size. Tables, figures, and diagrams illustrate points made in the text. Students of public finance, economists, grant administrators, and policymakers will find this an illuminating discussion of the impact, focus, and implications of the present intergovernmental grant system.
Book Synopsis Intergovernmental Grants and the Aggregate Public Sector by : Daniel Phillip Schwallie
Download or read book Intergovernmental Grants and the Aggregate Public Sector written by Daniel Phillip Schwallie and published by . This book was released on 1984 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Economics and Intergovernmental Grants by : Murali Mg
Download or read book Public Economics and Intergovernmental Grants written by Murali Mg and published by GRIN Verlag. This book was released on 2016-10-19 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2016 in the subject Business economics - Economic Policy, grade: A, University of South Florida (PG Business School), course: Msc Healthcare and Public Administration, language: English, abstract: This text gives an insight into public economy. It explains intergovernmental grants, their objectives, history and impact on economy. According to Musgrave (1939), the public economy is comprised of three functions; stabilization, distribution and allocation. Accordingly, the government should be able to stabilize prices, avoiding excessive inflation and has to ensure full employment. Secondly, the government should see that the resources are allocated efficiently and finally the governments should also ensure socially accepted wealth levels and market access are maintained, if not maintained the wealth has to be redistributed. Apparently by doing this governments can and have to stabilize employment levels, prices, and economic growth.
Book Synopsis Federal Grants, Their Effects on State-local Expenditures, Employment Levels, Wage Rates by : United States. Advisory Commission on Intergovernmental Relations
Download or read book Federal Grants, Their Effects on State-local Expenditures, Employment Levels, Wage Rates written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1977 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unfolding the Flypaper by : International Monetary Fund
Download or read book Unfolding the Flypaper written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-07-25 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical studies of the effects of intergovernmental grants to localities do not support standard microeconomic predictions. Block grants have surprisingly large positive effects on public expenditures. Researchers have attributed this “flypaper effect” to imperfect information (fiscal illusion), bureaucratic self-interest (Leviathan motives), and flawed econometrics. In this paper, a three-sector, computable general equilibrium model of a local economy is used to explore the effects of block grants and matching grants. The paper demonstrates that without fiscal illusion or unresponsive bureaucrats, these grants can have large spending consequences. Fiscal adjustments, mobility, and capitalization effects explain the leveraged impact of intergovernmental grants.
Book Synopsis The Impact of Intergovernmental Grants on the Aggregate Public Sector by : Daniel P. Schwallie
Download or read book The Impact of Intergovernmental Grants on the Aggregate Public Sector written by Daniel P. Schwallie and published by Praeger. This book was released on 1989-05-15 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of the intergovernmental grant system have long been a topic of debate among politicians, economists, and political scientists. Until now, however, the question of the impact of grants on the aggregate public sector has been largely neglected. In this volume, Schwallie offers the first detailed study of the extent to which grants-in-aid have affected the size of government. In the process, he provides a good introduction to both the normative and positive theories of intergovernmental grants and a useful summary of grants-in-aid research over the past 25 years. With the aid of economic models that analyze governmental fiscal decision making, econometric findings, and recent empirical studies, Schwallie develops a well-defined theory that explains how a system of intergovernmental grants might affect aggregate public sector size. Schwallie relates models of fiscal decision making to the effect of intergovernmental grants on recipient government fiscal decisions and defines the optimal behavior of both grantor and recipient governments. Several chapters offer a measured critique of both the empirical research on intergovernmental grants and theoretical models proposed to explain grantor and recipient behavior. Finally, Schwallie proposes his own general equilibrium theory of intergovernmental grants, which not only explains the existence of intergovernmental grants, but also provides a structure for measuring their impact on aggregate public sector size. Tables, figures, and diagrams illustrate points made in the text. Students of public finance, economists, grant administrators, and policymakers will find this an illuminating discussion of the impact, focus, and implications of the present intergovernmental grant system.
Book Synopsis The States and Intergovernmental Aids by : United States. Advisory Commission on Intergovernmental Relations
Download or read book The States and Intergovernmental Aids written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1977 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Advisory Commission on Intergovernmental Relations Publisher : ISBN 13 : Total Pages :124 pages Book Rating :4.3/5 (91 download)
Book Synopsis Improving Federal Grants Management by : United States. Advisory Commission on Intergovernmental Relations
Download or read book Improving Federal Grants Management written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1977 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Summary and Concluding Observations by : United States. Advisory Commission on Intergovernmental Relations
Download or read book Summary and Concluding Observations written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1978 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Intergovernmental Grants-in-aid on Local Government Expenditures with an Application to U.S. City Governments, 1974-1978 by : Ernest Michael Zampelli
Download or read book The Effects of Intergovernmental Grants-in-aid on Local Government Expenditures with an Application to U.S. City Governments, 1974-1978 written by Ernest Michael Zampelli and published by . This book was released on 1982 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Efficiency of Intergovernmental Grants by : John Thomas Rowntree
Download or read book The Efficiency of Intergovernmental Grants written by John Thomas Rowntree and published by . This book was released on 1966 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Stimulative Effects of Intergovernmental Grants and the Marginal Cost of Public Funds by : Bev G. Dahlby
Download or read book The Stimulative Effects of Intergovernmental Grants and the Marginal Cost of Public Funds written by Bev G. Dahlby and published by . This book was released on 2012 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intergovernmental Grants and Their Differential Effects on Renters Vs. Owners by : Timothy Iijima
Download or read book Intergovernmental Grants and Their Differential Effects on Renters Vs. Owners written by Timothy Iijima and published by . This book was released on 1996 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intergovernmental Grants and Social Welfare by : James Robert Alm
Download or read book Intergovernmental Grants and Social Welfare written by James Robert Alm and published by . This book was released on 1980 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federalism and Public Policy by : James Robert Gerard Butler
Download or read book Federalism and Public Policy written by James Robert Gerard Butler and published by . This book was released on 1991 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intergovernmental Grants as Signals and the Alignment Effect by : Emanuele Bracco
Download or read book Intergovernmental Grants as Signals and the Alignment Effect written by Emanuele Bracco and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent competence, and (ii) realistically, grants are unobservable to voters. In this setting, the national government will use the grant as an instrument to manipulate the public good signal for the benefit of aligned local incumbents and challengers. Then, aligned municipalities receive more grants, with this effect being stronger before elections, and the probability that the aligned local incumbent is re-elected is higher. These predictions are tested using a regression discontinuity design on a new data-set on Italian municipalities. At a second empirical stage, the national grant to municipalities is instrumented with an alignment indicator, allowing estimation of a flypaper effect for Italian municipalities.
Book Synopsis The Expenditure Impact of Intergovernmental Grants by : Ernest M. Zampelli
Download or read book The Expenditure Impact of Intergovernmental Grants written by Ernest M. Zampelli and published by . This book was released on 1982 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
