A general welfare framework is proposed for examining the behavior of a Tiebout type model in which consumers choose among a variety of communities providing local public services. General expressions are derived for measuring fiscal externalities and the second best nature of Tiebout taxation is explored.
MLA
Starrett, David A.. “Measuring Externalities and Second Best Distortions in the Theory of Local Public Goods.” Econometrica, vol. 48, .no 3, Econometric Society, 1980, pp. 627-642, https://www.jstor.org/stable/1913127
Chicago
Starrett, David A.. “Measuring Externalities and Second Best Distortions in the Theory of Local Public Goods.” Econometrica, 48, .no 3, (Econometric Society: 1980), 627-642. https://www.jstor.org/stable/1913127
APA
Starrett, D. A. (1980). Measuring Externalities and Second Best Distortions in the Theory of Local Public Goods. Econometrica, 48(3), 627-642. https://www.jstor.org/stable/1913127
The Executive Committee of the Econometric Society has approved an increase in the submission fees for papers in Econometrica. Starting January 1, 2025, the fee for new submissions to Econometrica will be US$125 for regular members and US$50 for student members.
By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device. Cookies are used to optimize your experience and anonymously analyze website performance and traffic.
