Community composition and the provision of local public goods: The case of occupancy status
Worthington, Andrew C. (1998) Community composition and the provision of local public goods: The case of occupancy status. Journal of Public Budgeting, Accounting and Financial Management, 10(1), pp. 1-20.
A public finance framework is used to examine the relationship between community composition, namely occupancy status, and the provision of governmental services. A comprehensive literature survey suggests that a systematic relationship exists between the fraction of renters in a given jurisdiction and the level of fiscal expenditures. More particularly, it would appear that renters ceteris paribus are willing to support a higher level of publicly provided goods than homeowners. The competing hypotheses of renter illusion and renter rationality are discussed, as are the differing implications for public policy. Suggestions are also made on how future research on this important topic might proceed.
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|Item Type:||Journal Article|
|Keywords:||Fiscal illusion, renter illusion, renter rationality, local government|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Public Economics- Taxation and Revenue (140215)|
Australian and New Zealand Standard Research Classification > STUDIES IN HUMAN SOCIETY (160000) > POLICY AND ADMINISTRATION (160500) > Public Policy (160510)
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School|
|Copyright Owner:||Copyright 1998 PrAcademics Press|
|Deposited On:||29 Nov 2005|
|Last Modified:||05 Jan 2011 23:26|
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