Fiscal capacity, fiscal need, and fiscal comfort among U.S. States: New evidence

Publius: The Journal of Federalism

Volumn 27, Issue 3, 1997, Pages 113-114

  Tannenwald, Robert ^a   Cowan, Jonathan ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038980889     PISSN: 00485950     EISSN: None     Source Type: Journal    
DOI: 10.1093/oxfordjournals.pubjof.a029918     Document Type: Article

References (4)

1. A related concept to tax capacity is "revenue capacity," measured with the representative revenue system (RRS) approach. RRS is the same as RTS except that it also takes into account a state's relative capacity to raise revenues from user charges, rents and royalties, and lotteries. A state's relative revenue capacity is generally similar to its relative tax capacity. All results in this research note are RTS computations unless otherwise noted.
2. The rather involved methodological details can be found in U.S. Advisory Commission Intergovernmental Relations, Representative Expenditures: Addressing the Neglected Dimension of Fiscal Capacity (Washington, D.C.: ACIR, 1990); State Fiscal Capacity and Effort (Washington, D.C.: ACIR 1993);
3. The rather involved methodological details can be found in U.S. Advisory Commission Intergovernmental Relations, Representative Expenditures: Addressing the Neglected Dimension of Fiscal Capacity (Washington, D.C.: ACIR, 1990); State Fiscal Capacity and Effort (Washington, D.C.: ACIR 1993);
4. and Robert Tannenwald, "Come the Devolution, Will States be able to Respond," New England Economic Review (May/June 1998), forthcoming. Tannenwald's paper was presented at a colloquium on devolution held at the Federal Reserve Bank of Boston, 12 September 1997.