Strategic spending in federal governments: theory and evidence from the US

Past research on the allocation of federal resources to localities has failed to account for the interaction between federal and state governments. Here a sequential-move game of such interaction is developed, where state governments behave like political surrogates for the federal government when t...

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Bibliographic Details
Main Author: Pablo J. Garofalo
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
Series:Journal of Applied Economics
Subjects:
Online Access:http://dx.doi.org/10.1080/15140326.2019.1611203