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  • 标题:WISCONSIN LOCAL GOVERNMENT, STATE SHARED REVENUES AND THE ILLUSIVE FLYPAPER EFFECT
  • 本地全文:下载
  • 作者:Deller, Steven C. ; Maher, Craig ; Lledo, Victor
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2002
  • 期号:suppl
  • 出版社:Journal of Agribusiness
  • 摘要:This study focuses on the impacts state shared revenues has on local government finances. Specifically we examine what is referred to in the academic literature as the "flypaper effect." Using a simple model of local fiscal behavior Bradford and Oates (1971a, 1971b) predict that aids to local governments is the equivalent to cash transfers to local constituents. Thus aids to local governments should have the same impact on local government spending as does increases in local personal income. Empirical studies, however, have found that aids to local governments has a much greater simulative affect on local spending than does a comparable increase in the income of local constituents. Private income is disproportionately spend on private consumption while aids, income received by local governments, is primarily spent on public services.
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