The Theory of `Internal Exit', a comment on Buchanan and Faith (1987)
AbstractThe purpose of this note is to correct an error in the seminal article on secession by Buchanan and Faith (1987). In their paper, Buchanan and Faith neglected an important effect: political separation affects markets and consequently individual private incomes.
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Date of creation: 18 Jan 2011
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secession; public good.;
Other versions of this item:
- Gregoire Rota Graziosi, 2003. "The theory of `Internal Exit', a comment on Buchanan and Faith (1987)," Economics Bulletin, AccessEcon, vol. 8(12), pages 1-6.
- Grégoire ROTA-GRAZIOSI, 2006. "The Theory of `Internal Exit', a comment on Buchanan and Faith (1987)," Working Papers 200630, CERDI.
- H1 - Public Economics - - Structure and Scope of Government
- H4 - Public Economics - - Publicly Provided Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-30 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Bolton, Patrick & Roland, Gerard & Spolaore, Enrico, 1996. "Economic theories of the break-up and integration of nations," European Economic Review, Elsevier, vol. 40(3-5), pages 697-705, April.
- Berkowitz, Daniel, 1997. "Regional income and secession: Center-periphery relations in emerging market economies," Regional Science and Urban Economics, Elsevier, vol. 27(1), pages 17-45, February.
- Bordignon, Massimo & Brusco, Sandro, 2001.
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Elsevier, vol. 45(10), pages 1811-1834, December.
- Grégoire ROTA-GRAZIOSI, 2006.
"On the strategic use of representative democracy in international agreements,"
- Grégoire Rota Graziosi, 2009. "On the Strategic Use of Representative Democracy in International Agreements," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(2), pages 281-296, 04.
- Grégoire Rota-Graziosi, 2011. "On the strategic use of representative democracy in international agreements," Working Papers halshs-00562632, HAL.
- Grégoire Rota-Graziosi, 2011.
"Economic integration and political fragmentation,"
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