Testing political economy’s ‘as if’ proposition: is the median income voter really decisive?
Recent empirical and normative analysis of local government fiscal performance has made good use of the Downsian median voter model as a behavioral specification for how local fiscal allocations are decided. The central assumption behind all these studies is that the median voter is the family with the median income. This paper statistically tests the validity of this assumption for a sample of 58 Long Island school districts. For at most 1/4 of the districts can we reject the assumption, and even for these districts, the predictive bias of the median-income-voter-as-decisive assumption never exceeds 20%. Copyright Springer 1978
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Volume (Year): 33 (1978)
Issue (Month): 4 (December)
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- Stiglitz, J. E., 1974. "The demand for education in public and private school systems," Journal of Public Economics, Elsevier, vol. 3(4), pages 349-385, November.
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- Polinsky, A Mitchell, 1977. "The Demand for Housing: A Study in Specification and Grouping," Econometrica, Econometric Society, vol. 45(2), pages 447-461, March.
- Lovell, Michael C, 1978. "Spending for Education: The Exercise of Public Choice," The Review of Economics and Statistics, MIT Press, vol. 60(4), pages 487-495, November.
- Byron W. Brown & Daniel H. Saks, 1977. "Income Distribution and the Aggregation of Private Demands for Local Public Education," Working Papers 471, Princeton University, Department of Economics, Industrial Relations Section..
- Sato, Kazuo, 1972. "Additive Utility Functions with Double-Log Consumer Demand Functions," Journal of Political Economy, University of Chicago Press, vol. 80(1), pages 102-124, Jan.-Feb..
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- Borcherding, Thomas E & Deacon, Robert T, 1972. "The Demand for the Services of Non-Federal Governments," American Economic Review, American Economic Association, vol. 62(5), pages 891-901, December.
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