| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w9801 |
| 来源ID | Working Paper 9801 |
| Chasing the Smokestack: Strategic Policymaking With Multiple Instruments | |
| Per G. Fredriksson; John A. List; Daniel L. Millimet | |
| 发表日期 | 2003-06-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | Empirical evidence suggesting that a considerable amount of horizontal strategic interaction exists amongst governments is important in light of recent devolutionary trends of many important public programs. The empirical approach in these studies typically relies on estimating reaction functions in a uni-dimensional policy framework, where a nonzero slope estimate is interpreted as evidence in support of strategic interactions. While this framework is a useful representation within certain contexts, it is potentially too restrictive; for example, in models of resource competition, localities may use multiple instruments in their recruiting pursuits, leading to potential strategic interactions across policy instruments. In this study, we first develop a simple theoretic construct that includes resource competition in a world of three-dimensional policy choice. The model suggests that while a zero-sloped reaction function may exist for any particular policy, this does not necessarily imply the absence of strategic interactions. We examine the implications of the model empirically using US state-level panel data over the period 1977-1994. The results suggest that important cross-policy strategic interactions exist, lending support in favor of the multi-dimensional framework, and indicate that uni-dimensional frameworks may present lower bound estimates of the degree of strategic interaction. |
| 主题 | Regional and Urban Economics ; Regional Economics ; Real Estate |
| URL | https://www.nber.org/papers/w9801 |
| 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/567425 |
| 推荐引用方式 GB/T 7714 | Per G. Fredriksson,John A. List,Daniel L. Millimet. Chasing the Smokestack: Strategic Policymaking With Multiple Instruments. 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 | ||
| w9801.pdf（550KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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