Abstract
Chapter 9 set out the traditional theory of grants-in-aid which shows how, in terms of the stimulatory effect on local government spending, a general lump-sum grant has the same effect as an equivalent increase in the disposable incomes of the individuals in the community (represented by the median voter).
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© 1999 Stephen J. Bailey
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Bailey, S.J. (1999). The Flypaper Effect. In: Local Government Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-27415-4_11
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DOI: https://doi.org/10.1007/978-1-349-27415-4_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-66908-2
Online ISBN: 978-1-349-27415-4
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