Asymmetries in the Response to Increases and Decreases in Intergovernmental Grants: Some Empirical Findings
Shama Gamkhar and
Wallace Oates
National Tax Journal, 1996, vol. 49, issue 4, 501-12
Abstract:
Uses aggregate time-series data to explore state and local budgetary responses to cuts in federal grant programs. Finds that the "flypaper effect" is two-way (spending falls in response to cuts by about the same magnitude as it rises in response to grant increases).
Date: 1996
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Chapter: Asymmetries in the Response to Increases and Decreases in Intergovernmental Grants: Some Empirical Findings (2004) 
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:49:y:1996:i:4:p:501-12
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