Since the 1990s, China has pushed forward the province-managing-county (PMC) reform in some provinces as an experiment of fiscal decentralization. The reform provides a good opportunity to examine the impact of fiscal decentralization on fiscal behaviors of local governments in China. Using a...

Since the 1970s, local governments in Georgia have been authorized, upon voter approval, to levy a one-percent general-purpose Local Option Sales Tax (LOST), which is earmarked for property tax relief. Using data during 1975-2002, this study examines the adoption of the LOST in Georgia counties...

In recent years, the disparity of school capital outlays has received increasing attention as many schools are facing challenges to meet increasing capital needs. This study examines how the disparity of school capital outlays is affected by the mix of capital revenues in Georgia county school...

Various education finance and taxation reforms in the past several decades have substantially changed China's system for funding basic education, but the present system is still characterized by insufficient funding and large inequalities across localities. Using data of more than 2000...

This article examines joint development as a value capture strategy for funding public transportation. We start from the concept of joint development, its rationale, a brief history, and the extent of its use. Joint development projects in Hong Kong, Taiwan, Tokyo, and Thailand are profiled, as...

This special issue includes 5 articles on value capture strategies used in transportation finance.

This study attempts to understand how China's municipal governments select procurement methods in PPP projects and what factors influence their decisions. In particular, we focus on municipal management capacity, investigating the relationship between municipal management capacity and PPP...