Strength in diversity? Fiscal federalism among the fifty US states

被引:8
|
作者
Garcia-Mila, Teresa [1 ]
McGuire, Therese J. [2 ]
Oates, Wallace E. [3 ]
机构
[1] Univ Pompeu Fabra, Barcelona Grad Sch Econ, Barcelona, Spain
[2] Northwestern Univ, Evanston, IL 60208 USA
[3] Univ Maryland, College Pk, MD 20742 USA
关键词
Fiscal federalism; 50 US states; Subnational fiscal autonomy; DECENTRALIZATION; FINANCE;
D O I
10.1007/s10797-018-9485-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
Fiscal federalism in the USA has a distinctive structure that contrasts sharply with that in most other industrialized nations. Our purpose in this paper is to describe and explore the US "brand" of fiscal federalism. We demonstrate that there is a striking amount of variety in the 50 state fiscal systems and that these differences have prevailed in the face of potentially disruptive forces. The variety we find stems in large part from states having meaningful fiscal autonomy, in particular, the authority to levy taxes. The result is likely higher societal welfare than would ensue without this autonomy.
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页码:1071 / 1091
页数:21
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