Voters AS A Hard Budget Constraint: On the Determination of Intergovernmental Grants

B-Tier
Journal: Public Choice
Year: 2005
Volume: 123
Issue: 1
Pages: 147-169

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Recent empirical literature has shown that the determination of intergovernmental grants is highly influenced by the political bargaining power of the recipient states. In these models federal politicians are assumed to buy the support of state voters, state politicians and state interest groups by providing grants. In this paper we provide evidence that the fiscal referendum reduces the reliance of states on matching grants received from the central government and thus the possibility of interest groups and state bureaucrats to obtain more grants. If referendums are available, voters serve as a hard budget constraint. Copyright Springer Science + Business Media, Inc. 2005

Technical Details

RePEc Handle
repec:kap:pubcho:v:123:y:2005:i:1:p:147-169
Journal Field
Public
Author Count
2
Added to Database
2026-01-25