Development of Fiscal Economics during the Decade 1975–85

  • Carl S. Shoup
Part of the International Economic Association Series book series (IEA)


The largest share of fiscal economics (public finance) literature will continue to be occupied with taxation. Empirical studies of factors determining governmental expenditures will increase, but studies of levels of government services await an awakening of interest in inequalities of distribution among sub-groups. Transfer payment analyses, excepting subsidies, may increase. Part of public goods theory is moving into microeconomics (equilibrium conditions for goods non-excludable but joint over users), and most of externalities theory, into direct regulation. Inter-disciplinary efforts, which call for centralizing library facilities, will especially characterize public choice and fiscal stabilization literature. Journals, staff papers, services, and official reports will multiply more rapidly than will textbooks.


Public Good Public Finance Public Choice Public Economic Transfer Price 
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  1. The following references are grouped by the section of the paper in which the reference is mentioned or which it serves to illustrate. The items are examples only; no attempt at comprehensiveness in listing is made, hence omission does not indicate less relative significance. The references are given chiefly for the convenience of those who wish to consult the particular books, documents, and articles. In general, the listing is restricted to publications that appeared during the past decade.Google Scholar

SEction I Scope of Public Finance

  1. Prest, A. R., Public Finance in Theory and Practice (London: English Language Book Society and Weidenfeld and Nicolson, 1974), fifth ed., pp. 13–18.Google Scholar
  2. Shoup, Carl S., Public Finance (Chicago: Aldine, 1969), pp. 3–6.Google Scholar

Section II Income Tax

  1. Surrey, Stanley S., Pathways to Tax Reform: The Concept of Tax Expenditures (Cambridge, Mass.: Harvard University Press, 1973).CrossRefGoogle Scholar
  2. Shoup, Carl S., ‘Tax Expenditures: A Review of Stanley Surrey’s Pathways to Tax Reforms’, Journal of Finance (forthcoming).Google Scholar
  3. United Nations, Department of Economic and Social Affairs, Tax Treaties between Developed and Developing Countries: Fifth Report of Group of Experts (New York: United Nations, 1975).Google Scholar
  4. United Nations, Department of Economic and Social Affairs, The Impact of Multinational Corporations on Development and on International Relations. Technical Papers: Taxation (New York: United Nations, 1974).Google Scholar
  5. Bird, Richard M. and Sato, R., ‘International Aspects of Taxation of Corporations and Shareholders’, International Monetary Fund (forthcoming).Google Scholar
  6. Prest, A. R., Public Finance in Theory and Practice, fifth edition (London: English Language Book Society and Weidenfeld and Nicolson, 1974), Chs. 13–18.Google Scholar
  7. Brown, E. Cary, ‘Recent Studies of the Incidence of the Corporate Income Tax’, inGoogle Scholar
  8. Warren L. Smith and John M. Culbertson, eds., Public Finance and Stabilization Policy, Essays in Honour of Richard A. Musgrave (Amsterdam: North-Holland Publishing Co., 1974), pp. 93–108.Google Scholar
  9. United States Department of the Treasury, Internal Revenue Service, Statistics of Income (periodically) (Washington, DC: US Government Printing Office).Google Scholar
  10. Kotowitz, Yehuda and Portes, Richard, ‘The “Tax on Wage Increases’”’, Journal of Public Economics, Vol. 3, No. 2 (May, 1974), pp. 113–32.CrossRefGoogle Scholar
  11. Conrad, Ernst-Albrecht, ‘Trends in the Level of Corporate Taxation’, Finanzarchiv, Vol. 32, No. 3 (1974), pp. 361’405.Google Scholar

Section III Sales Taxation

  1. Due, John F., ‘Alternative Forms of Sales Taxation for a Developing Country’, Journal of Development Studies (January, 1972), pp. 263–75; reprinted in Richard M. Bird and Oliver Oldman, Readings on Taxation in Developing Countries, third edition (Baltimore: Johns Hopkins Press, 1975), pp. 309–24.Google Scholar
  2. Guerard, Mich, ‘The Brazilian State Value-Added Tax’, International Monetary Fund, Staff Papers (March, 1973), pp. 118–69.Google Scholar

Section IV Public Debt

  1. United States Department of the Treasury, Treasury Bulletin (monthly) (Washington, DC: US Government Printing Office).Google Scholar

Section V Government Expenditures

  1. Shoup, Carl S., Public Finance (Chicago: Aldine, 1969), Chs. 4–7.Google Scholar
  2. Green, Christopher, Negative Taxes and the Poverty Problem (Washington, DC: Brookings Institution, 1967).Google Scholar
  3. US Congress, Joint Economic Committee, The Economics of Federal Subsidy Programs (Washington, DC: US Government Printing Office, 1972–73); ‘Staff Study’, by Jerry J. Jasinowski and Carl S. Shoup, 1972; ‘Hearings’, 1972; ‘Compendium of Papers’, Parts 1–7, 1972–73.Google Scholar
  4. Andel, Norbert, Subventionen als Instrument des finanzwirtschatflichen Interventionismus (Tübingen: J. C. B. Mohr, 1970).Google Scholar
  5. Berthold, Ursula, Zur Theorie der Subventionen (Berne: Paul Haupt, 1967).Google Scholar
  6. Pryor, Frederic L., Public Expenditures in Communist and Capitalist Nations (Homewood, Ill.: Irwin, 1968).Google Scholar
  7. Musgrave, Richard A. and Musgrave, Peggy B., Public Finance in Theory and Practice (New York: McGraw-Hill, 1973), Part Two, ‘Expenditure Structure’.Google Scholar
  8. Brennan, Geoffrey, ‘“Pareto-Optimal Redistribution”: A Perspective’, Finanzarchiv, Vol. 33, No. 2 (1975), pp. 237–71.Google Scholar

Section VI Intergovernmental Relations; Urban Problems

  1. Advisory Commission on Intergovernmental Relations. Commission Reports; Information Bulletins; Information Interchange Service; News Releases (Washington, DC).Google Scholar
  2. Break, George F., Intergovernmental Fiscal Relations in the United States (Washington: Brookings Institution, 1967).Google Scholar
  3. Flatters, Frank, Henderson, Vernon, and Mieszkowski, Peter, ‘Public Goods, Efficiency, and Regional Fiscal Equalization’, Journal of Public Economics, Vol. 3, No. 2 (May, 1974), pp. 99–112.CrossRefGoogle Scholar
  4. Hogan, Timothy D. and Shelton, Robert B., ‘Interstate Tax Exportation and States’ Fiscal Structures’, National Tax Journal, Vol. XXVI, No. 4 (December, 1973), pp. 553–64.Google Scholar
  5. Vickrey, William S., ‘The Economics of Congestion Control in Urban Transportation’, in Frank C. Emerson, ed., The Economics of Environmental Problems (Ann Arbor, Mich.: Graduate School of Business Administration, 1973), pp. 55–70.Google Scholar
  6. Crecine, John P., ed., Financing the Metropolis: Public Policy in Urban Economics (Beverly Hills, Calif.: Sage, 1970), Vol. 4 in Urban Affairs Annual Reviews.Google Scholar

Section VII Public Goods; Externalities

  1. Head, John G., ‘Public Goods; The Polar Case’, in Richard M. Bird and John G. Head, eds., Modern Fiscal Issues (Toronto: U. of Toronto Press, 1972), pp. 3–17.Google Scholar
  2. Shibata, Hirofumi, ‘Joint Production, Externality, and Public Goods’, in Bird and Head, Op. cit., pp. 18–44.Google Scholar
  3. Macaulay, Hugh, ‘Environmental Quality, the Market, and Public Finance’, in Bird and Head, Op. cit., pp. 187–224.Google Scholar
  4. Dorfman, Nancy S. and Snow, Arthur, ‘Who Will Pay for Pollution Control?—The Distribution by Income of the Burden of the National Environmental Protection Program, 1972–1980’, National Tax Journal, Vol XXVIII, No. 1 (March, 1975), pp. 101–16.Google Scholar

Section VIII Public Choice

  1. Buchanan, James M., Public Finance in Democratic Process (Chapel Hill, NC: U. of North Carolina Press, 1967).Google Scholar
  2. Buchanan, James M., The Demand and Supply of Public Goods (Chicago: Rand McNally, 1968).Google Scholar
  3. Breton, Albert, The Economic Theory of Representative Government (Chicago: Aldine, 1974).Google Scholar
  4. Olson, Jr., Mancur, The Logic of Collective Action (Cambridge, Mass.: Harvard University Press, 1965).Google Scholar
  5. Buchanan, James M. and Tollison, Robert D., eds., Theory of Public Choice: Political Applications of Economics (Ann Arbor: U. of Michigan Press, 1972).Google Scholar

Section IX Economic Stabilization

  1. Prest, A. R., Public Finance in Theory and Practice, Fifth ed. (London: English Language Book Society and Weidenfeld & Nicolson, 1974), pp. 96–117.Google Scholar
  2. Musgrave, Richard A., The Theory of Public Finance (NewYork: McGraw-Hill, 1959), Parts One and Four.Google Scholar
  3. Neumark, Fritz, Wirtschafts- und Finanzprobleme des Interventionsstaates (Ton: J. C. B. Mohr, 1961).Google Scholar
  4. Examples of recent public finance texts that contain no chapters on stabilization areGoogle Scholar
  5. Buchanan, James M. and Flowers, Marilyn R., The Public Finances (Homewood, Ill.: Irwin, 1975), Fourth ed., revised.Google Scholar
  6. Singer, Neil M., Public Micro Economics (Boston: Little, Brown, 1972).Google Scholar
  7. Wagner, Richard E., The Public Economy (Chicago: Markham, 1973).Google Scholar

Section X Country Studies

  1. Musgrave, Richard A., President of the Commission, and Gillis, Malcolm, ed., Fiscal Reform for Colombia (Cambridge, Mass.: The Law School of Harvard University, 1971). Final Report and Staff Papers of the Colombia Commission on Tax Reform. [In this case, substantial implementation occurred in 1975.]Google Scholar
  2. Shoup, Carl S., Dosser, Douglas, Penner, Rudolph G. and Vickrey, William S., The Tax System of Liberia (New York: Columbia U. Press, 1970).Google Scholar

Section XI Budgeting Techniques

  1. Blechman, Barry M., Gramlich, Edward M. and Hartman, Robert W., Setting National Priorities: The 1975 Budget (Washington, DC: Brookings Institution, 1974).Google Scholar

Section XII Modes of Publication

  1. Head, John G., Public Goods and Public Welfare (Durham, NC: Duke U. Press, 1974).Google Scholar
  2. Due, John F. and Friedlaender, Ann F., Government Finance: Economics of the Public Sector (Homewood, Ill.: Irwin, 1973), Fifth edition.Google Scholar
  3. Gerloff, Wilhelm and Neumark, Fritz, eds., Handbuch der Finanzwissenschaft (Tübingen: J. C. B. Mohr (Paul Siebeck), 1952 to 1965), Zweite Auflage. Four volumes.Google Scholar
  4. Schendstok, B., Frank, M., Peacock, A. T. and Senf, P., eds., Essays in Honor of Fritz Neumark, in Public Finance, Vol. XX, Nos. 1 and 2, 1965, pp. 1–250.Google Scholar
  5. Haller, Heinz, Kullmer, Lore, Shoup, Carl S. and Timm, Herbert, eds., Theorie und Praxis des finanzpolitischen Interventionismus, Fritz Neumark zum 70, Geburtstag (Tübingen: J. C. B. Mohr, 1970).Google Scholar
  6. Bird, Richard M. and Head, John G., Modern Fiscal Issues, Essays in Honour of Carl S. Shoup (Toronto: U. of Toronto Press, 1972).Google Scholar
  7. Lascelles, David Wilfred, ed., Public Finance, Planning, and Economic Development, Essays in Honour of Ursula K. Hicks (London: Macmillan, 1973).Google Scholar
  8. Cosciani, Cesare and Di Nardi, Giuseppe, eds., Studii in Onore di Giuseppe Ugo Papi (Padova: CEDAM, 1972), 2 vols.Google Scholar
  9. d’Albergo, Ernesto, Pisanelli, G. Codacci, Cosciani, Cesare, del Prete, Pasquale and Amato, Angelo, eds. Scritti ‘in Memoria’ di Antonio de Viti de Marco (Bari: Cacucci, 1972), 2 vols.Google Scholar
  10. Smith, Warren L. and Culbertson, John M., Public Finance and Stabilization Policy, Essays in Honour of Richard A. Musgrave (Amsterdam: North-Holland, 1974).Google Scholar

Copyright information

© International Economic Association 1977

Authors and Affiliations

  • Carl S. Shoup
    • 1
  1. 1.Columbia UniversityUSA

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