Local public good provision
Subtitle: voting, peer effects, and mobility
By: Stephen Calabrese ... [et al.].
Contributors: Calabrese, Stephen.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11720; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11720.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Public goods -- Mathematical models.; Community development -- Mathematical models.; Migration, Internal -- Mathematical models.; Voting -- Mathematical models.
Description: "Few empirical strategies have been developed that investigate public provision under majority rule while taking explicit account of the constraints implied by mobility of households.  The goal of this paper is to improve our understanding of voting in local communities when neighborhood quality depends on peer or neighborhood effects.  We develop a new empirical approach which allows us to impose all restrictions that arise from locational equilibrium models with myopic voting simultaneously on the data generating process.  We can then analyze how close myopic models come in replicating the main regularities about expenditures, taxes, sorting by income and housing observed in the data.  We find that a myopic voting model that incorporates peer effects fits all dimensions of the data reasonably well"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 11/21/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.