The property tax rate, according to the residual view, is simply the ratio of levies over total assessed values, so that growth in property values is irrelevant to the revenue raised. Critics of this view claim instead that fiscal illusion allows policymakers to take advantage of increased...

C<sc>arr</sc> D. and Y<sc>an</sc> W. Federal environmental policy and local industrial diversification: the case of the Clean Air Act, <italic>Regional Studies</italic>. Air-quality regulations under the Clean Air Act alter local industrial diversification by reducing concentration in polluting sectors of the economy for...

The capital structure of nonprofit organizations plays a crucial role in their sustainability and development. This article explores the extent to which revenue diversification is incorporated into the leverage decision. In addition, this study investigates whether government grants have an...

Federal environmental regulations under the Clean Air Act affect employment as local economies respond to a changing regulatory environment. We analyze the net employment growth and employment stability effects of Clean Air Act regulations, characterizing responses in these key indicators of...