The theory of `Internal Exit', a comment on Buchanan and Faith (1987)

Grégoire Rota Graziosi

Economics Bulletin, 2003, vol. 8, issue 12, 1-6

Abstract: The purpose of this note is to correct an error in the seminal article on secession by Buchanan and Faith (1987). In their paper, Buchanan and Faith neglected the effect of political separation affects on markets, and consequently on individual private incomes.

Keywords: public; good (search for similar items in EconPapers)
JEL-codes: H1 H4 (search for similar items in EconPapers)
Date: 2003-10-06
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: The Theory of `Internal Exit', a comment on Buchanan and Faith (1987) (2011)
Working Paper: The Theory of `Internal Exit', a comment on Buchanan and Faith (1987) (2006)
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