A computable general equilibrium model of intergovernmental aid
Publication
, Journal Article
Nechyba, T
Published in: Journal of Public Economics
January 1, 1996
This paper introduces a theoretical and a calibrated computable general equilibrium model of intergovernmental relations in which heterogeneous agents (i) are endowed with income and houses, (ii) are fully mobile between multiple jurisdictions, and (iii) vote in both local and state elections to determine local property and state income tax rates. Three different types of intergovernmental programs are analyzed: (i) redistributive revenue sharing, (ii) district power equalization and (iii) deductibility of local taxes. The approach facilitates a heretofore difficult comparative analysis in that it provides for an integrated investigation of these programs in a single general equilibrium model.
Duke Scholars
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Published In
Journal of Public Economics
DOI
ISSN
0047-2727
Publication Date
January 1, 1996
Volume
62
Issue
3
Start / End Page
363 / 397
Related Subject Headings
- Economics
- 3803 Economic theory
- 3801 Applied economics
- 1403 Econometrics
- 1402 Applied Economics
- 1401 Economic Theory
Citation
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ICMJE
MLA
NLM
Nechyba, T. (1996). A computable general equilibrium model of intergovernmental aid. Journal of Public Economics, 62(3), 363–397. https://doi.org/10.1016/0047-2727(95)01565-5
Nechyba, T. “A computable general equilibrium model of intergovernmental aid.” Journal of Public Economics 62, no. 3 (January 1, 1996): 363–97. https://doi.org/10.1016/0047-2727(95)01565-5.
Nechyba T. A computable general equilibrium model of intergovernmental aid. Journal of Public Economics. 1996 Jan 1;62(3):363–97.
Nechyba, T. “A computable general equilibrium model of intergovernmental aid.” Journal of Public Economics, vol. 62, no. 3, Jan. 1996, pp. 363–97. Scopus, doi:10.1016/0047-2727(95)01565-5.
Nechyba T. A computable general equilibrium model of intergovernmental aid. Journal of Public Economics. 1996 Jan 1;62(3):363–397.
Published In
Journal of Public Economics
DOI
ISSN
0047-2727
Publication Date
January 1, 1996
Volume
62
Issue
3
Start / End Page
363 / 397
Related Subject Headings
- Economics
- 3803 Economic theory
- 3801 Applied economics
- 1403 Econometrics
- 1402 Applied Economics
- 1401 Economic Theory