Common Pool Problems in Voluntary Municipal Mergers
Common Pool Problems in Voluntary Municipal Mergers
复制标题
自愿市政合并中的常见问题
DOI:
10.2139/ssrn.2373910
复制
发表时间:
2013
期刊:
影响因子:
--
通讯作者:
Janne Tukiainen
中科院分区:
文献类型:
--
作者:
Tuukka Saarimaa;Janne Tukiainen
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.
影响因子:
8.2
作者:
TIEBOUT, CM
通讯作者:
TIEBOUT, CM