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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 …
Analyzing The Impacts Of The 2010 World Equestrian Games On The Kentucky Horse Park, Pamela Henderson
Analyzing The Impacts Of The 2010 World Equestrian Games On The Kentucky Horse Park, Pamela Henderson
MPA/MPP/MPFM Capstone Projects
There has been a growing trend in the United States for governments to invest in infrastructure specifically for sporting events. Proponents believe that arenas and large scale events will lead to economic development in an area. Contrary to this expectation, there is a large body of literature that contends that the economic impact expected from these projects does not generally come to fruition.
Lexington, Kentucky hosted the World Equestrian Games (WEG) in 2010. WEG is an international competition that features equestrian events and is held every four years in between the Summer Olympic Games. In order to prepare for the …