Why are matching grants likely to be more effective in increasing local government spending than are equal-dollar
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Why are matching grants likely to be more effective in increasing local government spending than are equal-dollar nonmatching grants? Explain how matching grants can help achieve efficiency by internalizing interjurisdictional externalities.
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Matching grants and equaldollar nonmatching grants are two different types of financial assistance provided by higher levels of government to local governments or other entities for specific projects ...View the full answer
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Related Book For
Public Finance A Contemporary Application Of Theory To Policy
ISBN: 9780538754460
10th Edition
Authors: David N Hyman
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