A fiscal federalism approach to infrastructure policy

被引：32

作者：

Hulten, CR ^{[1
]}

Schwab, RM ^{[1
]}

机构：

[1] NATL BUR ECON RES,CAMBRIDGE,MA 02138

来源：

REGIONAL SCIENCE AND URBAN ECONOMICS | 1997年 / 27卷 / 02期

关键词：

infrastructure; public capital; fiscal federalism;

D O I：

10.1016/S0166-0462(96)02150-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper presents a fiscal federalism perspective on infrastructure policy. It begins by looking at the theory of fiscal federalism and then turns to the actual division of the responsibility for providing public capital in the United States. The paper then argues that it is difficult to square theory and actual practice: a good case can be made that national infrastructure policy is inconsistent with the principles of fiscal federalism in a number of important respects. The final sections of the paper look at two specific issues in federalism, the tax exempt municipal bond market and interjurisdictional competition. (C) 1997 Elsevier Science B.V.

引用

页码：139 / 159

页数：21