On the optimal structure of local governments.
We show that space matters in designing the optimal provision of local public goods (LPG's). Geography imposes a particular institutional structure of local governments due to the overlapping of market areas associated with different LPG's. The optimum can be decentralized through local government...
| Publicado en: | American Economic Review Vol. 85; pp. 1224 - 1241 |
|---|---|
| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
American Economic Association
December 1995
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512716225&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512716225 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00028282 AER jtl: American Economic Review issn: 00028282 maglogo: N pubinfo: dt: December 1995 vid: 85 pid: 22 pub: American Economic Association artinfo: ui: 512716225 ppf: 1224 ppct: 17 formats: tig: atl: On the optimal structure of local governments. aug: au: Hochman, Oded Pines, David Thisse, Jacques-François su: Municipal services Mathematical models Industrial location Municipal government Urban geography Resource allocation -- Mathematical models sug: subj: Municipal services Mathematical models Industrial location Municipal government Urban geography Resource allocation -- Mathematical models ab: We show that space matters in designing the optimal provision of local public goods (LPG's). Geography imposes a particular institutional structure of local governments due to the overlapping of market areas associated with different LPG's. The optimum can be decentralized through local governments that have jurisdiction over market areas of all LPG types. This implies that the appropriate suppliers of LPG's are metropolitan governments which finance them through user charges and land rent. In addition, our approach invalidates the prevailing theory of fiscal federalism, according to which a layer of government should be established for each type of LPG. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|