Local public good provision: Voting, peer effects, and mobility

• 成果类型: Article; Proceedings Paper
• 署名作者: Calabrese, Stephen; Epple, Dennis; Romer, Thomas; Sieg, Holger
• 署名单位: Carnegie Mellon University; State University System of Florida; University of South Florida; National Bureau of Economic Research; Princeton University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2005.08.010
• 发表日期: 2006
• 页码: 959-981
• 关键词: local jurisdictions; tiebout competition; empirical analysis

摘要

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. (c) 2005 Elsevier B.V All rights reserved.