Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Apr, 1980, Volume 48, Issue 3

Measuring Externalities and Second Best Distortions in the Theory of Local Public Goods<627:MEASBD>2.0.CO;2-Z
p. 627-642

David A. Starrett

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.

Log In To View Full Content