摘要:

ABSTRACTThere is a large literature concerning the effects of aggregation on the output estimates produced by, and information content of, input‐output models. However, virtually no attention has been given to the effects of aggregation on input‐output multipliers. This paper presents a methodology for calculating consistent aggregate input‐output multipliers for any given change in final de

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1987.tb00084.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACTState lotteries are the fiscal gimmick for the 1980s, receiving widespread popular and legislative approval. Unfortunately, the impact of structural and external influences on lottery sales is not well understood. This analysis sheds light on these influences, demonstrating that state economic activity, age of the game, interstate lottery competition, and game portfolios significantly affect sale and, consequently, benefit to the state.

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1987.tb00085.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACTState‐level financial assistance programs for water projects are expected to become more important as federal funding levels drop and mechanisms change. In some western states such as Texas and California, constitutional restrictions are placed on tax and spending limits and the issuance of general obligation bonds to finance projects is subject to voter approval through a referendum process. Seven water‐related referenda have been held in Texas between 1957 and 1985. Election results indicate that through 1968 voters from across the state supported the concept of state‐level financial assistance for water projects and ratified three consecutive referenda, thus establishing the Water Development Fund and its $400 million authorization limit. Between 1969 and 1981, three amendments intended to increase authorization and expand the Fund's scope were defeated in elections that exhibited a regionalized voting pattern between East and West Texas voters. In 1985, this cleavage was not evident and the Water Development Fund was increased by an additional $980 million. These shifts reflect changes in voter perceptions of the state's water development policy and coincide with release of the 1968 and 1984 versions of theTexas Water Plan.The Texas experience, which is particularly relevant to California, could also be useful to other states considering similar state‐level financial programs that would require voter a

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1987.tb00086.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACTIncentive and liquidity effects of Pittsburgh's land value tax system are hypothesized to encourage new housing development. To test this hypothesis, an econometric model is estimated using building permit data for the dependent variable and tax rates and other determinants of new housing demand and supply for the independent variables. For the case of new housing, it is shown that the incentive effect is significant but the liquidity effect is not. The incentive effect is found to encourage increases in the number of new units constructed in Pittsburgh rather than increases in the average cost of new units.

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1987.tb00087.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACTThe period 1966 to 1976 was a decade of change, contrast and challenge. In this article a model is developed and estimated contrasting the labor market experiences of young men who participated in post‐school occupational training during this period with those young men who did not participate. Participation in post‐school forms of occupational training is identified as a significant contributor to individual labor market success during the period and racial differences in returns to training participation are highlighted. The results prompt questions concerning the direction of current federal training pol

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1987.tb00088.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

Book reviewed in this article:What Do Buyers Want?Kenneth Train,Qualitative Choice Analysis: Theory, Econometrics, and an Application to Automobile Demand.Federal FinancesJoseph F. Moraglio and Harry D. Kerrigan,The Federal Budget and Financial System: A Management Perspective.Silicon TarheelsDale Whittington,High Hopes for High Tech: Microelectronics Policy in North Carolina.Turning It Around in ColombiaVinod Thomas,Linking Macroeconomics and Agricultural Polices for Adjustments with Growth: The Colombian Experience.A Changing WorldJohn H. Baldwin,Environmental Planning and Management.Toward a Theory of Industrial DevelopmentDonald A. Hicks,Advanced Industrial Development Restructuring, Relocation, and Renewal.Applying the HUDS Model to ChicagoJohn F. Kain and William C. Apgar, Jr.,Housing and Neighborhood Dynamics: A Simulation Study.Deindustrialization: Causes and Self‐HelpWarner Woodworth, Christopher Meek, and William Foote Whyte, eds.,Industrial Democracy: Strategies for Community Revitalization.Integrating Disparate ViewsPeter Burnell,Economic Nationalism in the Third World.The U. S. Food Trade with CPEsJames R. Jones, ed.,East‐West Agricultural Trade.Some Are Still More Equal Than OthersJanet K. Boles, ed.,The Egalitarian City: Issues of Rights, Distribution, Access, and Po

ISSN:0017-4815    

DOI:10.1111/j.1468-2257.1987.tb00089.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY