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Devolution, Grants, and Fiscal Competition

Bibliographic Data

ID4788231
AuthorsRichard A Musgrave (H. H. Burbank Professor of Political Economy, Emeritus, Harvard University, Cambridge, Massachusetts, and Adjunct Professor of Economics, University of California at Santa Cruz, Santa Cruz, California., corresponding author)
Year1997
Volume11
Issue4
Pages65-72
Publication date1997-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.11.4.65
OpenAlexW2084887789
LanguageEN
Citations received16
References cited2

Following half a century of fiscal activism and federal leadership, the call now is for downsizing the federal budget and a devolution of fiscal responsibilities to states and localities. The call for "federalism," meant to secure a stronger center in James Madison's time, now seeks to decentralize. This paper outlines the main features of fiscal federalism as I see them, sketching a vision which differs in major respects from that offered by the lead paper in this symposium. First I highlight the role of distribution, which I see as a central function. Then, I focus attention on grants-in-aid and their role in the federal system. Finally I consider competition, cooperation, and coordination between jurisdictions

Decentralization · Economics · Federalism · fiscal federalism · Political economy · Political science · Politics · Sociology · American Constitutional Law and Politics · Fiscal Policy and Economic Growth · Law · Local Government Finance and Decentralization · Public Administration

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Unique citing works16
Citations per year0,62
Citation span2000 - 2026 (27)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 14

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