| 来源类型 | Research Report |
| 规范类型 | 报告 |
| Private Demands for Public Capital: Evidence from California School Bond Referenda | |
| Ed Balsdon; Eric Brunner; Kim S. Rueben | |
| 发表日期 | 2003-11-01 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 概述 | This paper develops a framework for estimating demand for school infrastructure investment that is financed through local bond referenda. Our framework takes explicit account of the irregular and discrete nature of local capital investment and the objective functions of local school boards. Our empirical model consists of a three-equation system composed of a proposed spending equation, a vote equation, and a |
| 摘要 | This paper develops a framework for estimating demand for school infrastructure investment that is financed through local bond referenda. Our framework takes explicit account of the irregular and discrete nature of local capital investment and the objective functions of local school boards. Our empirical model consists of a three-equation system composed of a proposed spending equation, a vote equation, and a selection equation. Estimated income and price elasticities of demand for school infrastructure are similar to those found in studies of current school spending. We also find that school boards act like risk-averse, budget-maximizing agenda setters. (Journal of Urban Economics 54(3): 610-638, November 2003.)
|
| 主题 | Education and Training |
| URL | https://www.urban.org/research/publication/private-demands-public-capital-evidence-california-school-bond-referenda |
| 来源智库 | Urban Institute (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/474930 |
| 推荐引用方式 GB/T 7714 | Ed Balsdon,Eric Brunner,Kim S. Rueben. Private Demands for Public Capital: Evidence from California School Bond Referenda. 2003. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| 1000880-Private-Dema（84KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
