Fiscal equalisation in Australia: proposals for an efficiency-based system
We argue that Australian equalisation should be driven by efficiency concerns. To this end, we propose an efficiency-based equalisation model and argue that, if implemented, this model would yield welfare gains in all States, relative to the status quo. Our model is also shown to yield superior welf...
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| Format: | Journal Article |
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Economic Society of Australia
2004
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| Online Access: | http://hdl.handle.net/20.500.11937/25493 |
| _version_ | 1848751724910608384 |
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| author | Petchey, Jeffrey Dean Levtchenkova, Sofia |
| author_facet | Petchey, Jeffrey Dean Levtchenkova, Sofia |
| author_sort | Petchey, Jeffrey Dean |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | We argue that Australian equalisation should be driven by efficiency concerns. To this end, we propose an efficiency-based equalisation model and argue that, if implemented, this model would yield welfare gains in all States, relative to the status quo. Our model is also shown to yield superior welfare outcomes to an equal per capita allocation model (as proposed by some researchers to replace the existing model). The conclusion notes that given the magnitude of the resources involved, and the on-going concerns over equalisation, efficiency and equity, there is a case for a comprehensive and impartial review of the Australian grant system, including the equalisation methodology. |
| first_indexed | 2025-11-14T07:57:17Z |
| format | Journal Article |
| id | curtin-20.500.11937-25493 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:57:17Z |
| publishDate | 2004 |
| publisher | Economic Society of Australia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-254932017-09-13T15:51:05Z Fiscal equalisation in Australia: proposals for an efficiency-based system Petchey, Jeffrey Dean Levtchenkova, Sofia Efficiency Labour - mobility Local public goods Strategic behaviour Pareto Fiscal equalisation Equity We argue that Australian equalisation should be driven by efficiency concerns. To this end, we propose an efficiency-based equalisation model and argue that, if implemented, this model would yield welfare gains in all States, relative to the status quo. Our model is also shown to yield superior welfare outcomes to an equal per capita allocation model (as proposed by some researchers to replace the existing model). The conclusion notes that given the magnitude of the resources involved, and the on-going concerns over equalisation, efficiency and equity, there is a case for a comprehensive and impartial review of the Australian grant system, including the equalisation methodology. 2004 Journal Article http://hdl.handle.net/20.500.11937/25493 10.1111/j.1759-3441.2004.tb00364.x Economic Society of Australia fulltext |
| spellingShingle | Efficiency Labour - mobility Local public goods Strategic behaviour Pareto Fiscal equalisation Equity Petchey, Jeffrey Dean Levtchenkova, Sofia Fiscal equalisation in Australia: proposals for an efficiency-based system |
| title | Fiscal equalisation in Australia: proposals for an efficiency-based system |
| title_full | Fiscal equalisation in Australia: proposals for an efficiency-based system |
| title_fullStr | Fiscal equalisation in Australia: proposals for an efficiency-based system |
| title_full_unstemmed | Fiscal equalisation in Australia: proposals for an efficiency-based system |
| title_short | Fiscal equalisation in Australia: proposals for an efficiency-based system |
| title_sort | fiscal equalisation in australia: proposals for an efficiency-based system |
| topic | Efficiency Labour - mobility Local public goods Strategic behaviour Pareto Fiscal equalisation Equity |
| url | http://hdl.handle.net/20.500.11937/25493 |