This article reexamines the question of the perceived burdens from taxes on
residential property within the context of a single median voter model. It
provides a means of testing whether the estimated fraction of nonresidential
property perceived to be exported is different from either zero or unity and
focuses on testing the correct functional form of the demand relationship.
Given the functional form implied as preferred by Box-Cox transformations, it
finds no statistically significant evidence that less than 100% of nonresidential taxes are perceived as exported.
Get full access to this article
View all access options for this article.
References
1.
Amemiya, T. and J.L. Powell (1981) "A comparison of the Box-Cox maximum likelihood estimation and the non-linear stage least squares estimator." J. of Econometrics17 (December): 351-381.
2.
Barro, S.M. (1974) "The impact of intergovernmental aid on public school spending." Ph.D. dissertation, Stanford University .
3.
Bergstrom, T.C. and R.P. Goodman (1973) "Private demands for public goods." Amer. Econ. Rev.63 (June): 280-296.
4.
Berndt, E.R., B.H. Hall, R.E. Hall, and M. Hausman (1974) "Estimation and inference in non-linear models ." Annals of Social and Econ. Measurement3/4 (October): 653-666.
5.
Box, G.E.P. and D.R. Cox (1964) "An analysis of transformations." J. of Royal Stat. Society26: 211-252.
6.
Filimon, R., T. Romer, and H. Rosenthal (1982) "Asymmetric information and agenda control." J. of Public Economics17: 51-70.
Ladd, H.F. (1975) "Local education expenditures, fiscal capacity and the composition of the property tax base." National Tax J.28 (June): 145-158.
9.
Peterson, G. (1975) "Voter demand for public school expenditures," in J. Jackson (ed.) Public Needs and Private Behavior in Metropolitan Areas. Cambridge, MA: n.p.
