State and federal aid payments to local governments have grown explosively over the last fifteen years. One reason for this growth is that the donor governments can alter a local government's budget choices through grants. Grants have not remedied social problems, however, because the local governments' responses to grants were...
In spite of the rapid economic growth of the post-war era, there
has not been significant improvement in the incidence of poverty,
nor in the inequality of income distribution around the world, and
particularly in the developing countries. A reason for the apparent
failure of the poor to benefit from...
The relationship between population and residential property taxes
is not well understood. This study is an attempt to discern the relationship.
The basic questions examined are: How does population affect tax
bills? What are the short-run and long-run relationships between population and taxes? What reasons lie behind the answers to...
The Great Recession, which resulted from the burst of housing bubble and officially lasted from December 2007 to June 2009, started as a national recession in the U.S. and then affected countries across the world. Economies reacted differently to this recession and those systems that lost fewer jobs and/or recovered...
This study provides an empirical test of the Bockstael-McConnell
(1980) household production function (HPF) framework for evaluating wildlife recreation. This is perhaps the first study in which
both taste and technology parameters have been estimated with a
theoretical model specification. The results suggest that for
steelhead sport fishing in Oregon,...