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This study empirically extends the Tiebout hypothesis of 'voting with one's feet' in two ways. First, it provides updated estimates using net migration data for the period 2000--2008. Second, in addition to investigating variables reflecting public education outlays, property taxation and income...
Persistent link: https://www.econbiz.de/10010971304
This study of the impact of economic freedom, regulatory quality and the relative burden of taxation on the <italic>level</italic> of per capita real income/GDP among OECD nations over the period 2003 to 2007 adopts a modified version of the <italic>overall</italic> economic freedom index computed by the Heritage Foundation...
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Do zoning rules need to come from government? This article highlights the economic features of one of the largest privately-planned towns: Celebration, Florida. The 10,000-resident town includes numerous privately-provided public goods as well as rules that reduce negative externalities within...
Persistent link: https://www.econbiz.de/10010921003
Public trust in government to promote the general interest has declined sharply since the early 1960s. Almost all those commenting on the trend see it as detrimental to government's ability to perform. We recognize that up to some level, trust does improve government performance, but beyond that...
Persistent link: https://www.econbiz.de/10005417354