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This paper studies how Oates' trade-off between centralized and decentralized public good provision is affected by changes in households' mobility. We show that an increase in household mobility favors centralization, as it increases competition between jurisdictions in the decentralized regime...
Persistent link: https://www.econbiz.de/10009399196
This paper analyzes the provision of local public goods with positive spillovers across jurisdictions. If spillovers are symmetric, the noncooperative game played by jurisdictions admits a unique equilibrium, and an increase in spillovers reduces the total provision of public goods. Smaller...
Persistent link: https://www.econbiz.de/10005787054
Persistent link: https://www.econbiz.de/10005596542
Persistent link: https://www.econbiz.de/10007871625