This paper analyzes whether changes in the timing of equalizing transfers to state
governments necessitate an adjustment in federal corrective policy. According to the existing …

In the literature of local public finance, one of the well-known properties of optimal matching
grant programs is that the matching grant rate should increase as the degree of benefit …

The book conducts a comparative study on the form of enterprise, focusing on broadly
defined cooperative firms in comparison with conventional capitalist firms. It explores the …

This study uses the model in which a central government gives a subsidy to the jurisdictions,
and analyzes the optimal matching grant rate for local public spending that has …

Public expenditure policy is one of fiscal policies wich, directly or indirectly, influences
economic growth and equity. The indirect influence happens, for example, when an …

We study the effects of subsidies on agents competing with each other. Examples include
R&D competition of firms, local governments' expenditure to stimulate local markets, and …

Cooperative games theory has been widely used in the solution of Multi-participant cost
allocation problem. This paper reports on the application of Shapley Value to procedure of …

This paper reviews a number of topics that have been analyzed in the field of fiscal
competition. A representative fiscal competition analysis is found in the theory of capital tax …

The central and local governments' incentives to invest in public infrastructure and compete
for subsidies are determined by the trade-off between political benefits and economic costs …

The paper researches on the relevance of the provision of local public goods and fiscal
decentralization system in China. In order to test if the China's current fiscal decentralization …