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Journal of Economic Literature: Vol. 37 No. 3 (September 1999)
JEL Volume. 37, Issue 3 |
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JEL Indexes (Members Only)An Essay on Fiscal Federalism
Article Citation
Oates, Wallace E. 1999. "An Essay on Fiscal Federalism."
Journal of Economic Literature,
37(3): 1120-1149.
DOI: 10.1257/jel.37.3.1120
DOI: 10.1257/jel.37.3.1120
Abstract
This paper is a selective survey of fiscal federalism. It begins with a brief review and some reflections on the traditional theory of fiscal federalism: the assignment of functions to levels of government, the welfare gains from fiscal decentralization, and the use of fiscal instruments. It then explores a series of important topics that are the subject of current research: laboratory federalism, interjurisdictional competition and environmental federalism, the political economy of fiscal federalism, market-preserving federalism, and fiscal decentralization in the developing and transitional economies.
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Authors
Oates, Wallace E. (U MD and Resources for the Future)
JEL Classifications
H77: Intergovernmental Relations; Federalism; Secession

