Incumbent Behavior: Vote Seeking, Tax Setting and Yardstick Competition / Timothy Besley, Anne Case.

Format:

Book

Author/Creator:

Besley, Timothy.

Contributor:

National Bureau of Economic Research.

Case, Anne.

Series:

Working Paper Series (National Bureau of Economic Research) no. w4041.

NBER working paper series no. w4041

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Incumbent Behavior

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1992.

Summary:

This paper presents a theoretical and empirical investigation of tax competition when voters use the tax policy of neighboring jurisdictions as information to evaluate the performance of their incumbent politicians. We show that this has implications both for voter tolerance of high taxes and for the process of tax setting itself, Our empirical results, which use two different tax data sets, confirm the importance of neighbors' taxes both on the probability of incumbent reelection and on tax setting behavior.

Notes:

Print version record

March 1992.