Social and Behavioral Sciences Commons^™

Trends In The World Economy: Implications For Fiscal Choices, Roy W. Bahl

ECON Publications

No abstract provided.

Central City-Suburban Fiscal Disparities, Roy W. Bahl, Jorge Martinez Vazquez, David Sjoquist

ECON Publications

Updated estimates of various measures of central city-suburban fiscal disparities are presented for 1987, along with previously published ACIR estimates for selected years. The estimates show that central city-suburban fiscal disparities have not changed dramatically over the past 30 years. Cross-sectional regressions estimated for four different years suggest that the explanations for the existence of fiscal disparities have not changed over time.

Intergovernmental Fiscal Relations In China, Roy W. Bahl, Christine Wallich

ECON Publications

The choice of the "right" fiscal relationship between central, provincial, and local govern­ments depends on how a government weighs the benefits of decentralized economic development policies against the costs of having less effective central fiscal management. Three strong forces justify more fiscal centralization in China's highly decentralized fiscal system at the present time:

• Bouts of inflation and recurrent fiscal deficits can be seen as calling for more central control over the budget.
• Reform of an economic system relies heavily on the use of tax policy as an allocative instrument to influence economic decisions. Local control of the implementation of the …

City Finances And The National Economy, Roy W. Bahl, Jorge Martinez-Vazquez, David Sjoquist

ECON Publications

City governments were better prepared to face the 1990-1992 recession than were state governments, and they adjusted their budgets with relatively less fanfare. The absence of widespread bankruptcy notwithstanding, the fiscal position of cities has deteriorated and some of the necessary adjustments were painful. Services were reduced as real per capita expenditure growth declined, taxes were increased, and the entire local government sector remained in deficit during the past six years. The problem has not been softened by federal or state policies; in fact, the flow of both federal and state aid slowed markedly during the late 1980s. A combination …

Theory And Misbehavior Of First-Price Auctions: Comment, James C. Cox, Vernon L. Smith, James M. Walker

ECON Publications

No abstract provided.

The Administration Of Road User Taxes In Developing Countries, Roy W. Bahl

ECON Publications

No abstract provided.

Economics Of Alabama's Proposed Tax Reform, Roy W. Bahl

ECON Publications

No abstract provided.

Economic Change And Fiscal Planning: The Origins Of The Fiscal Crisis In New York State, Roy W. Bahl, William D. Duncombe

ECON Publications

What can policy makers learn from the fiscal experience of New York during the 1980s? By most measures, the state went from a position of fiscal strength in the early 1980s to fiscal crisis by the end of the decade. In their analysis of demographic, social, economic, and fiscal patterns, Roy Bahl and William Duncombe show that the lack of long-term fiscal planning and short-term discipline were the root causes of the turnabout. They call for greater use of both, as well as tax reforms that will better reflect the changing reality of local and state economies.