Journal of Economic Literature Vol. 37 No. 3 1999
An Essay on Fiscal Federalism
Abstract
This paper is a selective survey of fiscal federalism. It begins with a brief review and some reflections on the traditional theory of fiscal federalism: the assignment of functions to levels of government, the welfare gains from fiscal decentralization, and the use of fiscal instruments. It then explores a series of important topics that are the subject of current research: laboratory federalism, interjurisdictional competition and environmental federalism, the political economy of fiscal federalism, market-preserving federalism, and fiscal decentralization in the developing and transitional economies.
- DOI
- 10.1257/jel.37.3.1120
- Volume
- 37
- Issue
- 3
- Pages
- 1120-1149
- Language
- en
- Sources
- openalex crossref