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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...
Persistent link: https://www.econbiz.de/10010971404
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
This authoritative and encyclopaedic reference work provides a thorough account of the public choice approach to economics and politics. The Companion breaks new ground by joining together the most important issues in the field in a single comprehensive volume. It contains state-of-the-art...
Persistent link: https://www.econbiz.de/10011119028
The most important cost of saving lives can be that it increases the number of people who die. An interesting case in point concerns government attempts to rescue mountain climbers on Mt. McKinley. Here government agencies are caught in Gordon Tullock's "transitional gains trap." Rescue policy...
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