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Local Provision of Public Services: The Tiebout Model after Twenty-Five Years describes several theoretical and empirical branches of economic research related to Charles Tiebout's provocative hypothesis that consumer mobility and interjurisdictional competition result in an efficient allocation of resources to the local public sector. The book provides insights on the issues being considered in policy debates regarding the appropriate means of providing essential public services. Chapters in the book include an overview of the Tiebout model; income redistribution in a federal system; empirical relationships in the political economy of local public finance; and two conflicting views of the incidence of the property tax. Economists, local government leaders, and experts in public finance will find the book very insightful.
1. The Tiebout Model after TWenty-Five Years: An Overview
II. An Overview
2. The Theory of Local Public Goods TWenty-Five Years after Tiebout: A Perspective
II. The Fundamental Theorems of Welfare Economics with Local Public Goods
III. Sufficient Conditions for the Efficiency of Local Public Goods Equilibrium
IV. Inefficient Local Public Goods Equilibrium
V. Land Capitalization
VI. Rental Capitalization
VIII. The Decentralization of Pareto Efficient Allocations
3. Beyond Tiebout: Modeling the Political Economy of Local Government
II. The Limits of Tiebout Models: How Far Can One Push the Competitive Analogy?
III. Exit and Voting in Local Government Models
IV. Toward a Political Economy of Local Government
4. A Review: Is the Property Tax a Benefit Tax?
II. The Tiebout Orthodoxy
III. Challenges to the Orthodoxy
5. The Incidence of the Property Tax: The Benefit View versus the New View
II. Zoning, Capitalization and the Allocative Effects of the Property Tax
III. Interjurisdictional Competition and the New View of the Property Tax
IV. General Evaluation and Conclusions
6. Income Redistribution in a Federal System
II. The Model
III. Optimal Federal Redistribution
IV. Deductibility of Local Taxes
V. Regional Cost of Living or Amenity Differentials
VI. Tax Avoidance or Elastic Labor Supply
7. Are Property Taxes Capitalized into House Values?
II. Studies Based on Aggregate Data
III. Studies Based on Cross-Sectional Micro-Data
IV. Studies Based on Micro-Data Representing Tax Changes
V. Conclusions and Suggested Further Research
8. Voting and Spending: Some Empirical Relationships in the Political Economy of Local Public Finance
II. Perception and Intergovernmental Aid
III. Budget Cuts and Learning
IV. The Size of Majorities
V. Voter Turnout in Budget Elections
VI. SMSA vs. Other Districts
- No. of pages:
- © Academic Press 1983
- 28th June 1983
- Academic Press
- eBook ISBN: