fiscal federalism anyone?# Economics - 经济
c*y
1 楼
I was reading Charles Tiebout's classic paper "A Pure Theory of Local
Expenditures" (1956, Journal of Political Economy), and thought there is
something fundamentally wrong with his analogy of local public goods delivery/
payment and market transactions for private goods (even if all his assumptions
are satisfied). If my thinking was right, his proposed solution to the
Samuelson problem of how to make consumers reveal their
real preferences for public goods would fall apart.
But I thought maybe
Expenditures" (1956, Journal of Political Economy), and thought there is
something fundamentally wrong with his analogy of local public goods delivery/
payment and market transactions for private goods (even if all his assumptions
are satisfied). If my thinking was right, his proposed solution to the
Samuelson problem of how to make consumers reveal their
real preferences for public goods would fall apart.
But I thought maybe