期刊名称：Hacienda Pública Española. Revista de Economía Pública
印刷版ISSN：0210-1173
出版年度：2005
卷号：2005
期号：174
页码：43-43
出版社：Ministerio de Hacienda, Instituto de Estudios Fiscales
摘要：This paper discusses how state government’s behavior is affected when the so-called Representative Tax System
(RTS) equalization scheme is implemented. In particular, we study the changes in the marginal cost of public funds
(MCPF), and in the first order conditions for the optimal provision of public inputs. Following Smart (1998), those
equalization transfers might create a price effect that induces the subnational governments to raise taxes. However,
this result has to be qualified under certain assumptions. Also we find that there is an ambiguous relationship between
the degree of fiscal equalization and the marginal cost of providing the public input and the level of taxation.
In a sense, it is not clear that more redistribution necessarily leads to more inefficiency caused by higher taxes.
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