The second-generation theory of fiscal federalism (SGT) ought to more explicitly consider intergovernmental grants in order to continue to be a progressive research program. This proposition, which emanates from scope economies between teaching and research, implies that at present: (1) first-generation theory of fiscal federalism (FGT) and SGT concern two different organizational phases of a federation; (2) we analytically need both phases; and (3) FGT and SGT are also both still needed, at least as much as they still need each other. Taken together, (1), (2) and (3) outline a promising research path – a positive heuristic – for the SGT.
The Second-Generation Theory of fiscal federalism: a research lesson from the classroom / Garzarelli, Giampaolo. - In: JOURNAL OF ECONOMICS AND FINANCE EDUCATION. - ISSN 1543-0464. - 18:1(2019), pp. 25-33.
The Second-Generation Theory of fiscal federalism: a research lesson from the classroom
Giampaolo Garzarelli
2019
Abstract
The second-generation theory of fiscal federalism (SGT) ought to more explicitly consider intergovernmental grants in order to continue to be a progressive research program. This proposition, which emanates from scope economies between teaching and research, implies that at present: (1) first-generation theory of fiscal federalism (FGT) and SGT concern two different organizational phases of a federation; (2) we analytically need both phases; and (3) FGT and SGT are also both still needed, at least as much as they still need each other. Taken together, (1), (2) and (3) outline a promising research path – a positive heuristic – for the SGT.| File | Dimensione | Formato | |
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