Common Pool Problems in Voluntary Municipal Mergers

Common Pool Problems in Voluntary Municipal Mergers
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自愿市政合并中的常见问题

DOI:
10.2139/ssrn.2373910
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发表时间:
2013
期刊:
Urban Economics & Regional Studies eJournal
影响因子:
--
通讯作者:
Janne Tukiainen
Janne Tukiainen
中科院分区:
--
文献类型:
--
作者:
Tuukka Saarimaa;Janne Tukiainen

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我们分析搭便车行为的芬兰市政自愿市政合并之前。合并过程造成了一个临时的共用问题,因为从最初决定到实际合并的时间有所延迟,在此期间,各市镇保持自治。使用差异中的差异策略,我们发现,更强的搭便车的激励市政面临的更多的增加其债务和花费其现金储备。这些资金主要用于投资和经常性支出。
We analyze free-riding behavior of Finnish municipalities prior to voluntary municipal mergers. The merger process creates a temporary common pool problem, because of a delay from the initial decision to the actual merger during which municipalities stay autonomous. Using a difference-in-differences strategy, we find that the stronger free-riding incentive a municipality faced the more it increased its debt and spent its cash reserves. These funds were spent mostly on investments and current expenditures.
DOI: 10.1086/257839
发表时间: 1956-01-01
影响因子: 8.2
作者:
TIEBOUT, CM
通讯作者: TIEBOUT, CM