Local Public Finance
The mobility of consumers and producers in response to fiscal incentives gives the study of local public finance its distinctive character. Households and firms are partitioned into spatial units on the basis of preferences, costs and the incentives provided by local tax and expenditure policies. These fiscal incentives are, in turn, chosen by the members of each of these jurisdictions or clubs. Externalities within and between these localities greatly affect the efficiency of taxation and the provision of public goods and services.
|Date of creation:||29 May 2008|
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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.:
- Nechyba, Thomas, 2003.
"School finance, spatial income segregation, and the nature of communities,"
Journal of Urban Economics,
Elsevier, vol. 54(1), pages 61-88, July.
- Nechyba, Thomas J., 2002. "School Finance, Spatial Income Segregation and the Nature of Communities," Working Papers 02-17, Duke University, Department of Economics.
- Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416.
- Scotchmer, Suzanne, 1997. "On price-taking equilibria in club economies with nonanonymous crowding," Journal of Public Economics, Elsevier, vol. 65(1), pages 75-88, July.
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