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来源类型Working Paper
规范类型报告
DOI10.3386/w11720
来源IDWorking Paper 11720
Local Public Good Provision: Voting, Peer Effects, and Mobility
Stephen Calabrese; Dennis Epple; Thomas Romer; Holger Sieg
发表日期2005-10-31
出版年2005
语种英语
摘要Few empirical strategies have been developed that investigate public provision under majority rule while taking explicit account of the constraints implied by mobility of households. The goal of this paper is to improve our understanding of voting in local communities when neighborhood quality depends on peer or neighborhood effects. We develop a new empirical approach which allows us to impose all restrictions that arise from locational equilibrium models with myopic voting simultaneously on the data generating process. We can then analyze how close myopic models come in replicating the main regularities about expenditures, taxes, sorting by income and housing observed in the data. We find that a myopic voting model that incorporates peer effects fits all dimensions of the data reasonably well.
主题Public Economics ; Public Goods ; Subnational Fiscal Issues ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w11720
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/569371
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GB/T 7714
Stephen Calabrese,Dennis Epple,Thomas Romer,et al. Local Public Good Provision: Voting, Peer Effects, and Mobility. 2005.
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