IDEAS home Printed from https://ideas.repec.org/a/sae/pubfin/v22y1994i2p168-194.html
   My bibliography  Save this article

State-Local Revenue Diversification, Balance, and Fiscal Performance

Author

Listed:
  • Jack P. Suyderhoud

    (University of Hawaii)

Abstract

Revenue diversification and balanced use of revenue sources have long been held as desirable policy aims by many tax policy analysts, especially the Advisory Commission on Intergovernmental Relations. Ladd and Weist asserted that revenue balance is not a valid policy goal in and of itself. The disagreements between the two schools of thought have been difficult to sort out in part because of differences in perspectives and in part because of the lack of an acceptable quantitative measure of diversification and definition of balance. This article uses an empirical method for determining diversification and shows that past definitions of revenue balance have been overly narrow. However, in contrast to Ladd and Weist, the empirical measures of diversification do show that revenue balance is related, at the margin, to improved fiscal performance, and thus that balance remains a worthwhile policy aim .

Suggested Citation

  • Jack P. Suyderhoud, 1994. "State-Local Revenue Diversification, Balance, and Fiscal Performance," Public Finance Review, , vol. 22(2), pages 168-194, April.
  • Handle: RePEc:sae:pubfin:v:22:y:1994:i:2:p:168-194
    DOI: 10.1177/109114219402200202
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/109114219402200202
    Download Restriction: no

    File URL: https://libkey.io/10.1177/109114219402200202?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:rre:publsh:v:35:y:2005:i:3:p:246-65 is not listed on IDEAS
    2. Lang Yang, 2019. "The impact of state intervention and bankruptcy authorization laws on local government deficits," Economics of Governance, Springer, vol. 20(4), pages 305-328, December.
    3. Gill, H. Leroy & Haurin, Donald R., 2001. "The choice of tax base by local authorities: voter preferences, special interest groups, and tax base diversification," Regional Science and Urban Economics, Elsevier, vol. 31(6), pages 733-749, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:22:y:1994:i:2:p:168-194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.