IS LOCAL-GOVERNMENT REVENUE RESPONSE TO FEDERAL-AID SYMMETRICAL - EVIDENCE FROM PENNSYLVANIA COUNTY GOVERNMENTS IN AN ERA OF RETRENCHMENT

被引：7

作者：

STINE, WF

机构：

来源：

NATIONAL TAX JOURNAL | 1994年 / 47卷 / 04期

关键词：

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Previous empirical studies have made little attempt to test whether the fiscal response to intergovernmental aid is asymmetric. This paper tests the asymmetric response hypothesis for 66 Pennsylvania county governments over the 1978-88 period. This marked a period of retrenchment in which counties experienced frequent annual reductions in federal aid, The local government revenue response to federal aid was found to be asymmetric. The reduction in federal aid induced a reduction in own-source revenue. The results support the notion that taxpayers prefer fiscal restraint when permanent loss of aid occurs.

引用

页码：799 / 816

页数：18

共 37 条

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