The Fiscal Implications of Industrial Restructuring: The Case of Northeastern Ohio

Authors

Roy W. Bahl, Georgia State UniversityFollow
Dana Weist
Wanda Schulman

Author ORCID Identifier

Roy Bahl: https://orcid.org/0000-0002-7956-5076

Document Type

Book Chapter

Publication Date

1987

Abstract

Three issues are raised in this chapter. The first is what theory would lead us to believe about the impacts of industrial restructuring (the loss in production manufacturing and the gain in service employment) on the budgets of state and local governments. Are natural forces set in motion that cause state and local governments to adjust to the realities of their new economies - for instance, do they change their tax structure, spend less, borrow less? The second issue is whether local governments in northeast Ohio have followed a "natural pattern" or used discretionary policy to swim against the tide. Third, we raise the question of what is "proper" fiscal policy for a local government in northeastern Ohio.

Comments

Published in Structural Change in an Urban Industrial Region. Edited by David McKee and Richard Bennett. New York: Praeger Publishers, 1987.

(c) Praeger Publishers

Recommended Citation

Bahl, Roy W., Dana Weist, and Wanda Shulman, "The Fiscal Implications of Industrial Restructuring: The Case of Northeastern Ohio" in Structural Change in an Urban Industrial Region. Edited by David McKee and Richard Bennett. pp. 155-202. New York: Praeger Publishers, 1987.