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Author:Dollery, B.
Worthington, A.
Title:The empirical analysis of fiscal illusion
Journal:Journal of Economic Surveys
1996 : SEP, VOL. 10:3, p. 261-298
Index terms:ECONOMICS
EMPIRICAL RESEARCH
FISCAL POLICY
Language:eng
Abstract:This paper examines the empirical analysis of the five main hypotheses subsumed under the generic term fiscal illusion. After placing these hypotheses within a common theoretical framework, the paper attempts to evaluate empirical research into the revenue-complexity hypothesis, the revenue-elasticity hypothesis, the flypaper effect, renter illusion, and debt illusion. The 1990s have been characterised by an international trend towards greater accountability in government.
SCIMA record nr: 152146
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