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The Theory of `Internal Exit', a comment on Buchanan and Faith (1987)

Author

Listed:
  • Grégoire Rota-Graziosi

    (CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique)

Abstract

The 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.

Suggested Citation

  • Grégoire Rota-Graziosi, 2011. "The Theory of `Internal Exit', a comment on Buchanan and Faith (1987)," Working Papers halshs-00557218, HAL.
    • Handle: RePEc:hal:wpaper:halshs-00557218
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00557218
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    Cited by:

    1. Grégoire Rota Graziosi, 2004. "La fragmentation politique, une revue de la littérature," Revue Française d'Économie, Programme National Persée, vol. 18(4), pages 193-223.
    2. 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, April.
    3. Grégoire ROTA-GRAZIOSI, 2006. "Economic integration and political fragmentation," Working Papers 200628, CERDI.

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    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • H4 - Public Economics - - Publicly Provided Goods

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