The Strange Disappearance of Investment in Human and Physical Capital in the United States.
Many scholars have argued that there are strong incentives for states to spend less money on redistributive or consumption programs, such as welfare, and more on developmental or investment programs, such as highways. Yet, over the last few decades, the proportion of state budgets allocated to expen...
| Publicado en: | Journal of Public Administration Research & Theory Vol. 20; no. 1; pp. 215 - 233 |
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| Autores principales: | , |
| Formato: | Artículo |
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Oxford University Press / UK
January 2010
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511465536&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511465536 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10531858 172N jtl: Journal of Public Administration Research & Theory issn: 10531858 maglogo: N pubinfo: dt: January 2010 vid: 20 iid: 1 pid: 622 pub: Oxford University Press / UK artinfo: ui: 511465536 10.1093/jopart/mun037 ppf: 215 ppct: 18 formats: tig: atl: The Strange Disappearance of Investment in Human and Physical Capital in the United States. aug: au: Witko, Christopher Newmark, Adam J. su: U.S. state budgets Public finance Roads Educational finance Higher education United States sug: subj: United States U.S. state budgets Public finance Roads Educational finance Higher education ab: Many scholars have argued that there are strong incentives for states to spend less money on redistributive or consumption programs, such as welfare, and more on developmental or investment programs, such as highways. Yet, over the last few decades, the proportion of state budgets allocated to expenditures intended to develop human and physical capital, specifically education and highways, has declined. In real terms, spending on virtually every government program has increased but expenditure increases to redistributive programs have been much greater than those to investment programs. Why this shift has happened despite theory predicting the contrary has not been adequately examined in a way that considers multiple developmental programs and multiple ways of conceptualizing spending over a substantial time period. We undertake this task in the following article using a large, cross-sectional time series data set of state budgeting toward K-12 education, higher education, and highways from 1965 to 2004. We test competing theories of the determinants of state spending using these data and then discuss the factors that we believe have led to the relative de-emphasis on developmental programs. We find that the most consistent predictors of state developmental spending patterns are federal grants, the state of the economy, and interstate and intrastate competition. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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