Bosch, Núria; Solé-Ollé, Albert - In: International Tax and Public Finance 14 (2007) 1, pp. 71-92
We test the ‘yardstick competition’ hypothesis by examining the effects of property tax increases, both in a given municipality and in other neighbouring jurisdictions, on the incumbents’ vote. In order to obtain unbiased estimates of the effects of raising taxes on voting patterns, we...