The Effects of Reallocating General Revenue Assistance among the Australian States
The Australian government distributes about 4 percent of GDP to the state governments in the form of general revenue assistance. The distribution formula, which favors the less populous states, is a source of resentment in Victoria and New South Wales. The authors use two general equilibrium models to analyze the regional employment, output, and efficiency effects of proposed changes in the formula. Copyright 1993 by The Economic Society of Australia.
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Volume (Year): 69 (1993)
Issue (Month): 207 (December)
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