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