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- W4225548873 abstract "Chapter 28 begins with the theory of grants-in-aid and presents the standard efficiency argument to correct for cross-jurisdiction spillovers of externalities resulting from imperfect correspondences. The chapter then presents LeGrand’s prescription for fiscal equalization, an equity argument. The remainder of the chapter is empirical and focuses on issues related to the estimation of the demand for state and local services and grants-in-aid. Topics covered include the median voter model, Tiebout bias, the flypaper effect and various explanations for it, and Chernick’s analysis of the response to project grants." @default.
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- W4225548873 date "2023-01-01" @default.
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- W4225548873 title "The Role of Grants-in-Aid in a Federalist System of Governments" @default.
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- W4225548873 doi "https://doi.org/10.1016/b978-0-12-822864-7.00028-2" @default.
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