New PDF release: American Domestic Priorities: An Economic Appraisal

February 1, 2018 | Development Growth | By admin | 0 Comments

By John M. Quigley

ISBN-10: 0520055217

ISBN-13: 9780520055216

ISBN-10: 0520055225

ISBN-13: 9780520055223

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Additional info for American Domestic Priorities: An Economic Appraisal

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Olson (1982) makes this problem a central theme in his analysis of the economic decline of nations. 19. A detailed benefit-cost analysis of our existing federal aid structure has not been performed, but there are good theoretical reasons to suspect we have too much aid and that it is allocated inefficiently. Gramlich (this volume) offers a well-structured critique of our current system. For a general analysis of why we are likely to have too much aid, see Weingast, Shepsle, and Johnsen (1981). For how a benefit-cost analysis of a grants program might be done, see my study (Inman 1978) of our present educational aid system.

1979. " Pp. 81-103 in P. Mieszkowski and W. , Fiscal Federalism and Grants-in-Aid. : Urban Institute. 1982. " Journal of Policy Analysis and Management 1: 209-222. Council of Economic Advisors. 1984. Economic Report of the President, February, 1984. S. Government Printing Office. , and R. P. Inman. 1982. " Review of Economics and Statistics 64: 541-52. Forthcoming. " In H. , Studies in State and Local Public Finance. Chicago: Chicago University Press. , T. Romer, and H. Rosenthal. 1982. " Journal of Public Economics 17: 51-70.

Why? So that the representatives can play the role of ombudsmen for local coalitions in their relationship to the central administration. 16. Pass-through is the requirement that a fraction of federal-aid dollars paid to the state must be passed on to local governments. Pass-through restrictions are an important component of state-to-local aid, involving as much as 30 percent of all state-to-local aid; see Advisory Commission on Intergovernmental Relations (1980), tables A-31, A-32. Pass-through aid is an even larger share of federal-to-state aid and nearly as important as direct federal-to-local aid.

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American Domestic Priorities: An Economic Appraisal by John M. Quigley

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