Community composition and the provision of local public goods: The case of occupancy status
(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.
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Abstract
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.
| Item Type: | Journal Article |
|---|---|
| Status: | Published |
| Keywords: | Fiscal illusion; renter illusion; renter rationality; local government |
| Subjects: | 340000 Economics > 340200 Applied Economics > 340209 Public Sector Economics 360000 Policy and Political Science > 360200 Policy and Administration > 360201 Public Policy |
| ID Code: | 2704 |
| Deposited By: | Worthington, Andrew |
| Deposited On: | 29 November 2005 |
| Alternative Locations: | http://pracademicspress.com/jpbafm.html, http://pracademicspress.com/toc-jobafm.html#v10_1 |
| Copyright Owner: | Copyright 1998 PrAcademics Press |