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This article estimates expenditure equations for Michigan school districts using Kelejian's (1971) procedure for dealing with the endogenous state aid variables. Alternative specifications of the expenditure equation are derived, based on (i) a median voter model and (ii) Niskanen's (1971)...
Persistent link: https://www.econbiz.de/10010783510
The structure of taxes and license fees on motor vehicles varies widely across the states. In 1997, automobile owners in 12 states and the District of Columbia paid only a fixed license fee independent of the age or value of the vehicle. But statewide license fees in 15 states declined as the...
Persistent link: https://www.econbiz.de/10010552735
Persistent link: https://www.econbiz.de/10010687067