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Financing Cities

Robert Inman

No 11203, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: The macro-economic and micro-economic evidences makes a persuasive case for cities as important centers for productive efficiency, innnovation, and economic growth. For cities to achieve their full economic potential, however, complementary public services are required. This paper reviews the arguments and the evidence for the efficient financing and governance of city public services. Against the criterion of efficiency, city services should be limited to those services valued by city residents; financing should assign residential taxes to residential services and business land taxes and fees to business services; and city governance should foster competition and choice.

JEL-codes: H11 H7 R38 R51 (search for similar items in EconPapers)
Date: 2005-03
New Economics Papers: this item is included in nep-fmk, nep-geo, nep-pbe and nep-ure
Note: PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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