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How Alternative Revenue Structures Are Changing Local Government
PonenciasMayo 2010Tracy M. Gordon and Kim RuebenIn this paper, Tracy M. Gordon and Kim Rueben note that the revenue mix for local government changes frequently in response to economic shocks, policy shifts, and technological advances in tax...
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China’s Land System
Past, Present, and FuturePonenciasMayo 2009Dwight H. PerkinsIn this paper, Dwight H. Perkins discusses how the development of Chinese real estate markets has generated tensions between different segments of the population and between the government and...
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Property Rights and Real Estate Privatization in Russia
A Work in ProgressPonenciasMayo 2009Bertrand Renaud, Joseph K. Eckert, and R. Jerome AndersonRussia has attempted to develop property rights institutions to facilitate the development of private real estate markets since 1991. As of 2008 only one city (Veliky Novgorod) of 171 medium and...
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Private Conservation Easements
Balancing Private Initiative and the Public InterestPonenciasMayo 2009A commonly used property rights approach to conserving the environment is private conservation easements. Gerald Korngold discusses the benefits of this policy and proposes methods to mediate some of...
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Local Revenues Under Fiscal Decentralization in Developing Countries
Linking Policy Reform, Governance, and CapacityPonenciasMayo 2008Paul SmokePaul Smoke examines local revenue generation under fiscal decentralization in developing countries. He finds that local capacity for generating own-source funds is rare due to a lack of attention to...
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School Finance Reforms and Property Tax Limitation Measures
PonenciasMayo 2008Daniel P. McMillen and Larry D. Singell Jr.One of the most controversial issues related to U.S. fiscal federalism is the financing of local public schools through property taxation. In theory, the system follows the principle of matching...
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Decentralization and Environmental Decision Making
PonenciasMayo 2008Shelby GerkingShelby Gerking analyzes the effect of state tax rates on the disposal of chlorinated solvent wastes in the United States. He finds that changes in the disposal costs of these chemicals as a result of...
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Interjurisdictional Competition Under U.S. Fiscal Federalism
PonenciasMayo 2008Sally WallaceSimilar to the decentralization of environmental policy, scholars and analysts also express concerns about the welfare effects of interjurisdictional competition on economic development under U.S....
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Fiscal Decentralization and Income Distribution
PonenciasMayo 2008Jorge Martinez-Vazquez and Cristian SepulvedaA major challenge of fiscal decentralization is its effects on income distribution. Theoretical discussions have questioned whether decentralization increases regional disparities when subnational...
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Public and Private School Competition and U.S. Fiscal Federalism
PonenciasMayo 2008Thomas J. NechybaThe traditional public school finance system under U.S. fiscal federalism has generated concern that the use of housing markets to ration resources and students to public schools may increase income...
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