An inquiry into the efficiency of water projects under WRDA'86

Research output: Contribution to journalReview articlepeer-review


The aim of this paper is to check whether intergovernmental transfers for water projects accepted in 1986 in the U.S. can be rationalized by a simple efficiency criterion. The empirical findings support this conjecture only partially.

Original languageEnglish
Pages (from-to)741-762
Number of pages22
JournalInternational Tax and Public Finance
Issue number6
StatePublished - Nov 2004
Externally publishedYes


  • capitalization
  • evaluation of public projects
  • intergovernmental transfers
  • spillovers

ASJC Scopus subject areas

  • Accounting
  • Finance
  • Economics and Econometrics


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