| 来源类型 | Working Paper |
| 规范类型 | 论文 |
| Rules versus home rule: Local government responses to negative revenue shocks | |
| Daniel Shoag; Cody Tuttle; Stan Veuger | |
| 发表日期 | 2019-07-08 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Editor’s note: This paper has been updated from the original version posted in August 2017. Abstract Local governments rely heavily on sales tax revenue. We use national bankruptcies of big-box retail chains to study sudden plausibly exogenous decreases in this type of revenue. Treated localities respond by reducing spending on law enforcement and administrative services. We further study how cities with different degrees of autonomy vary in their response. Cities in home rule states, who have greater autonomy, react more swiftly by raising other types of revenue. A regression discontinuity analysis of cities in Illinois, where home rule status is triggered by crossing a population threshold, shows that this effect of local autonomy is causal: home rule leads to smaller revenue drops and stronger bond ratings. Read the full PDF. |
| 主题 | Economics |
| 标签 | Local government ; revenue ; State taxes |
| URL | https://www.aei.org/research-products/working-paper/local-government-responses-negative-revenue/ |
| 来源智库 | American Enterprise Institute (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/207413 |
| 推荐引用方式 GB/T 7714 | Daniel Shoag,Cody Tuttle,Stan Veuger. Rules versus home rule: Local government responses to negative revenue shocks. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| cityfinance_paper_v3（851KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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