| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w7823 |
| 来源ID | Working Paper 7823 |
| Fiscal Policies in Open Cities with Firms and Households | |
| Andrew Haughwout; Robert P. Inman | |
| 发表日期 | 2000-08-01 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | With the renewed interest in cities as economic centers comes a need to understand how local public services and local taxes are likely to affect city economic performance. This paper provides an equilibrium model of an open city economy with mobile firms and resident workers. Given household preferences and firm technologies and an exogenous configuration of city tax rates and national grants and fiscal mandates, the model calculates equilibrium values for firm production and input use, household consumption and housing choices, city wages, rents, and population, and finally, local tax bases, revenues, and public goods provision. The model is calibrated to the Philadelphia economy for FY 1998; model predictions are compared to recent econometric estimates of the effects of city fiscal policy on the Philadelphia private economy. We then explore two important questions for the city's fiscal future: What are the economic and fiscal consequences of raising city tax rates? Can the city shoulder a rising burden of local welfare payments and remain a viable economic center in the long-run? We find the city to be near the top of its total revenue hill and incapable of bearing significant increases in local responsibility for welfare transfers. |
| 主题 | Public Economics ; Taxation ; Subnational Fiscal Issues |
| URL | https://www.nber.org/papers/w7823 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565402 |
| 推荐引用方式 GB/T 7714 | Andrew Haughwout,Robert P. Inman. Fiscal Policies in Open Cities with Firms and Households. 2000. |
| 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 | ||
| w7823.pdf（507KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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