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Three Essays On Local Public Finance, Thomas Daniel Woodbury
Three Essays On Local Public Finance, Thomas Daniel Woodbury
Theses and Dissertations--Public Policy and Administration
This dissertation seeks to develop the subject of local public finance in a manner consistent with the political economy of local governments. For ease of description, each essay will be discussed briefly.
The first essay is titled "The Provision of Generalized Local Public Goods Financed by Distortionary Taxation." This essay models the provision of a local public good that is simultaneously utilized as a public consumption good and a public intermediate good. Since the public good can simultaneously enter both utility and production functions, it is considered a "generalized public good." This is done to model the provision of infrastructure …