On the optimal structure of local governments
Article Abstract:
The integration of space and transportation expenses is important in the design of the optimal provision of local public goods (LPGs). Specifically, geography has significant influence on the socially desirable institutional structure of local governments because of the overlapping of market areas related to several LPGs. Decentralization of the optimum is needed via local governments having jurisdiction over market areas of all types of LPGs. Thus, metropolitan governments funding LPGs via user charges and land rent are the most suitable LPG suppliers.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
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Is there a politically optimal level of judicial independence?
Article Abstract:
A mathematical model for analyzing the optimal level of judicial independence from political influences and policies is presented.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
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Politically connected firms
Article Abstract:
The interrelations between large companies and political parties in developed countries are discussed.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
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