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Local Public Finance in the Aftermath of September 11

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Author Info

  • David Wildasin

    (University of Kentucky)

Abstract

The terrorist attacks of September 11, 2001, present significant challenges for policymakers at all levels of government. Since terrorism seems to present particularly acute risks for core urban areas, it may influence economic and policy decisions in ways that affect the spatial distribution of population and economic activity. These impacts, however, will depend importantly on the assignment of responsibilities among Federal, state, and local governments for dealing with terrorism and on the distribution of the costs of these responsibilities. The policy interactions among different levels of government, and between the private and the public sectors, should provide students of political economy with much insight into the nature of the policy process in the American federation.

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File URL: http://128.118.178.162/eps/pe/papers/0112/0112005.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Public Economics with number 0112005.

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Date of creation: 10 Dec 2001
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Handle: RePEc:wpa:wuwppe:0112005

Note: Type of Document - ; prepared on TeX; figures: request from author
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Web page: http://128.118.178.162

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Keywords: local public finance intergovernmental fiscal relations terrorism;

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  1. Wildasin, David E., 1991. "Some rudimetary 'duopolity' theory," Regional Science and Urban Economics, Elsevier, vol. 21(3), pages 393-421, November.
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Cited by:
  1. Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2004. "Calculating Tragedy: Assessing the Costs of Terrorism," CREMA Working Paper Series 2004-23, Center for Research in Economics, Management and the Arts (CREMA).
  2. David E. Wildasin, 2006. "Disasters: Issues for State and Federal Government Finances," Working Papers 2006-07, University of Kentucky, Institute for Federalism and Intergovernmental Relations.
  3. Konstantinos Drakos & Panagiotis Th. Konstantinou, 2011. "Terrorism Shocks and Public Spending: Panel VAR Evidence from Europe," Economics of Security Working Paper Series 48, DIW Berlin, German Institute for Economic Research.
  4. Rossi-Hansberg, Esteban, 2004. "Cities under stress," Journal of Monetary Economics, Elsevier, vol. 51(5), pages 903-927, July.

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