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Illustrating the Effects of Business Improvement Districts on Municipal Coffers
Does a Rising Tide Compensate for the Secession of the Successful?PonenciasMayo 2010Leah Brooks and Rachel MeltzerAmong the different types of submunicipal governments, business improvement districts (BIDs), have become increasingly popular in the United States and elsewhere. According to Leah Brooks and Rachel...
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Does TIF Make It More Difficult to Manage Municipal Budgets?
A Simulation Model and Directions for Future ResearchPonenciasMayo 2010Tax increment financing districts (TIFs) are an approach that involves the designation of a special district to create a nexus between revenues and spending. TIF districts are authorized in almost...
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Homeowners Associations and Their Impact on the Local Public Budget
PonenciasMayo 2010Ron CheungThe primary objective of homeowners associations (HOAs) is to provide their members with services that supplement the municipal provision. Access to HOA services is restricted to members only. In...
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An Analysis of Alternative Revenue Sources for Local Governments
PonenciasMayo 2010David L. Sjoquist and Andrew V. StephensonIn this paper, David L. Sjoquist and Andrew V. Stephenson evaluate the property tax, local sales tax, and local income tax using a standard set of criteria, including efficiency, equity, tax base...
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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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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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Property Rights Created Under a Federalist Approach to Tradable Emissions Policy
PonenciasMayo 2009Dallas Burtraw and Richard SweeneyProperty rights approaches can be employed to achieve environmental conservation. Two specific topics are examined here: tradable emission permits and conservation easements. The implementation 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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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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The Economics of Conservation Easements
PonenciasMayo 2007Andrew J. PlantingaEnvironmental preservation—or more specifically conservation easements—is an area of public action that affects property values. According to Andrew J. Plantinga, by 2005 about 3.9 million acres of...
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