In theory, federal transfers that make household location decisions efficient should ignore local cost differences …, subsidize positive externalities, and offset differences in federal-tax payments and local taxes levied on non-residents, but … equalization policy appears neither efficient nor equitable, but exacerbates pre-existing inefficiencies and underfunds minorities …

spillovers depend on the type of the spillover. Land taxation is the essential instrument for policies that mostly generate …

the types of externalities that one unit of government can create for nonresidents, through both its public goods … decisions and its taxation decisions. The paper also explores briefly what the central government might do to lessen the costs …

tax revenue is more than enough to pay for public abatement R&D. Second, tax distortions and externalities substantially …