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

Grégoire Rota-Graziosi ()
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Grégoire Rota-Graziosi: CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique
Authors registered in the RePEc Author Service: Grégoire ROTA GRAZIOSI

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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 an important effect: political separation affects markets and consequently individual private incomes.

Keywords: secession; public good.; public good (search for similar items in EconPapers)
Date: 2011-01-18
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00557218
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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) (2006)
Journal Article: The theory of `Internal Exit', a comment on Buchanan and Faith (1987) (2003)
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