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THE EMPIRICAL ANALYSIS OF FISCAL ILLUSION |
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| Authors: | Brian E. Dollery rew C. Worthington |
| Affiliation: | University of New England;Queensland University of Technology |
| Abstract: | Abstract. This paper examines the empirical analysis of the five main hypotheses subsumed under the generic term fiscal illusion. After placing these hypotheses within a common theoretical framework, the paper attempts to evaluate empirical research into the revenue-complexity hypothesis, the revenue-elasticity hypothesis, the flypaper effect, renter illusion, and debt illusion. |
| Keywords: | Revenue-complexity revenue-elasticity flypaper effect renter illusion debt illusion fiscal illusion |