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Fiscal Zoning in Fragmented Metropolitan Areas
The Tiebout Hypothesis and Residential Income
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assumed assumption Bergen County budget capital census tract central city central-city Cobb-Douglas coefficient community's compensation constant constraint consumer surplus cost deadweight loss demand for housing demand for land direct payments distance economics efficient elasticity of demand enter environment equal equation existing expenditure external effects fiscal benefits fiscal zoning fiscal-squeeze transfer fiscal-squeeze zoning Gini Gini coefficient higher house value household housing consumption increase industrial rateables input land consumption land value less lower tax marginal cost marginal utility maximize metropolitan area minimum munities neutral zoning old houses opportunity cost optimum percent pollution transfer pollution zoning population predicted price of land property tax property tax rate public services regression residential residents scarcity effect school districts SMSA substitution suburbs supply tax base tax payments tax price theory Tiebout hypothesis Tiebout model tion urban utility function vacant land variable zero zoning policy zoning strategy