A Direct Test Of The Homevoter Hypothesis
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A Direct Test Of The Homevoter Hypothesis
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Author : Carolyn A. Dehring
language : en
Publisher:
Release Date : 2012
A Direct Test Of The Homevoter Hypothesis written by Carolyn A. Dehring and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
We propose a methodology that facilitates a direct test of the homevoter hypothesis, which posits that homeowners vote in favor of public projects they perceive increase residential property values and against those that do not. First, we estimate how pre-referendum events that signal a higher probability that the public project will be undertaken impact local residential property values before the referendum is held. These pre-referendum impacts are considered noisy signals to homeowners about the market's assessment of the net marginal benefits of the project. Second, we aggregate these market signals to the precinct level and relate them to precinct-level voting results concerning the proposed project. We apply this two-step approach to the 2004 referendum in Arlington, Texas, for a publicly subsidized stadium for the NFL Dallas Cowboys. The analysis supports the homevoter hypothesis and establishes a possible methodology for future evaluations in this small but growing empirical literature.
The Homevoter Hypothesis
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Author : William A. Fischel
language : en
Publisher: Harvard University Press
Release Date : 2009-07-01
The Homevoter Hypothesis written by William A. Fischel and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-01 with Law categories.
Just as investors want the companies they hold equity in to do well, homeowners have a financial interest in the success of their communities. If neighborhood schools are good, if property taxes and crime rates are low, then the value of the homeowner’s principal asset—his home—will rise. Thus, as William Fischel shows, homeowners become watchful citizens of local government, not merely to improve their quality of life, but also to counteract the risk to their largest asset, a risk that cannot be diversified. Meanwhile, their vigilance promotes a municipal governance that provides services more efficiently than do the state or national government. Fischel has coined the portmanteau word “homevoter” to crystallize the connection between homeownership and political involvement. The link neatly explains several vexing puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more likely to be efficient providers of environmental amenities. The Homevoter Hypothesis thereby makes a strong case for decentralization of the fiscal and regulatory functions of government.
The Sage Handbook Of Sports Economics
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Author : Paul Downward
language : en
Publisher: SAGE
Release Date : 2019-08-26
The Sage Handbook Of Sports Economics written by Paul Downward and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-26 with Business & Economics categories.
Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy PART II: Amateur Sports Participation, Supply and Impact PART III: Professional Team Sports PART IV: Professional Sports Leagues PART V: Sports Events and their Impacts PART VI: Individual Sports PART VII: Future Research
Rationality In Social Science
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Author : Ivar Krumpal
language : en
Publisher: Springer Nature
Release Date : 2021-09-02
Rationality In Social Science written by Ivar Krumpal and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-02 with Social Science categories.
The concept of rationality and its significance for theory and empirical research in social science are key topics of scholarly discussion. In the tradition of an analytical as well as empirical approach in social science, this volume assembles novel contributions on methodological foundations and basic assumptions of theories of rational choice. The volume highlights the use of rational choice assumptions for research on fundamental problems in social theory such as the emergence, dynamics, and effects of social norms and the conditions for cooperation and prosociality.
The Risk Of Regional Governance
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Author : Thomas Skuzinski
language : en
Publisher: Routledge
Release Date : 2017-09-18
The Risk Of Regional Governance written by Thomas Skuzinski and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-18 with Political Science categories.
Creating metropolitan regions that are more efficient, equitable, and sustainable depends on the willingness of local officials to work together across municipal boundaries to solve large-scale problems. How do these local officials think? Why do they only sometimes cooperate? What kind of governance do they choose in the face of persistent problems? The Risk of Regional Governance offers a new perspective on these questions. Drawing on theory from sociology and anthropology, it argues that many of the most important cooperative decisions local officials make—those about land use planning and regulation—are driven by heuristic, biased reasoning driven by cultural values. The Risk of Regional Governance builds a sociocultural collective action framework, and supports it with rich survey and interview data from hundreds of local elected officials serving in the suburbs of Detroit and Grand Rapids, Michigan. It is a story of the Rust Belt, of how local officials think about their community and the region, and—most importantly—of how we might craft policies that can overcome biases against regional governance.
A Research Agenda For Sustainable Cities And Communities
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Author : Kes McCormick
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-08-14
A Research Agenda For Sustainable Cities And Communities written by Kes McCormick and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-14 with Political Science categories.
Global in its outlook, this Research Agenda systematically reviews and critiques existing research on sustainable cities, calling for greater engagement with a diversity of perspectives. It interrogates foundational assumptions in the field and offers reframed perspectives on sustainability. Chapters also explore diverse approaches, actors and domains, locating emerging dynamics and new directions for practitioners.
Handbook Of Regional And Urban Economics Vol 5b
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Author : Gilles Duranton
language : en
Publisher: Elsevier
Release Date : 2015-05-15
Handbook Of Regional And Urban Economics Vol 5b written by Gilles Duranton and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-15 with Business & Economics categories.
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. Editors are recognized as leaders and can attract an international list of contributors Regional and urban studies interest economists in many subdisciplines, such as labor, development, and public economics Table of contents combines theoretical and applied subjects, ensuring broad appeal to readers
No Place Like Home
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Author : Brian J. McCabe
language : en
Publisher: Oxford University Press
Release Date : 2016-03-18
No Place Like Home written by Brian J. McCabe and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-18 with Social Science categories.
In the decade following the housing crisis, Americans remain enthusiastic about the prospect of owning a home. Homeownership is a symbol of status attainment in the United States, and for many Americans, buying a home is the most important financial investment they will ever make. We are deeply committed to an ideology of homeownership that presents homeownership as a tool for building stronger communities and crafting better citizens. However, in No Place Like Home, Brian McCabe argues that such beliefs about the public benefits of homeownership are deeply mischaracterized. As owning a home has emerged as the most important way to build wealth in the United States, it has also reshaped the way citizens become involved in their communities. Rather than engaging as public-spirited stewards of civic life, McCabe demonstrates that homeowners often engage in their communities as a way to protect their property values. This involvement contributes to the politics of exclusion, and prevents particular citizens from gaining access to high-opportunity neighborhoods, thereby reinforcing patterns of residential segregation. A thorough analysis of the politics of homeownership, No Place Like Home prompts readers to reconsider the power of homeownership to strengthen citizenship and build better communities.
Making The Grade
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Author : William A. Fischel
language : en
Publisher: University of Chicago Press
Release Date : 2009-11-15
Making The Grade written by William A. Fischel and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-15 with Education categories.
A significant factor for many people deciding where to live is the quality of the local school district, with superior schools creating a price premium for housing. The result is a “race to the top,” as all school districts attempt to improve their performance in order to attract homebuyers. Given the importance of school districts to the daily lives of children and families, it is surprising that their evolution has not received much attention. In this provocative book, William Fischel argues that the historical development of school districts reflects Americans’ desire to make their communities attractive to outsiders. The result has been a standardized, interchangeable system of education not overly demanding for either students or teachers, one that involved parents and local voters in its governance and finance. Innovative in its focus on bottom-up processes generated by individual behaviors rather than top-down decisions by bureaucrats, Making the Grade provides a new perspective on education reform that emphasizes how public schools form the basis for the localized social capital in American towns and cities.
In Local Hands
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Author : Lisa K. Parshall
language : en
Publisher: State University of New York Press
Release Date : 2023-03-01
In Local Hands written by Lisa K. Parshall and has been published by State University of New York Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-01 with Political Science categories.
In Local Hands examines the contemporary (post-2010) village government dissolution movement and renewed state-level effort to encourage local government restructuring against the backdrop of evolving statutory authority, growing fiscal pressures, and state incentives. Drawing on multiple disciplines, Lisa K. Parshall explores the contemporary village dissolution movement in New York State, the impetus behind these reforms, and the impact of the state-level policies and incentives that are driving a growing number of local communities to consider local government reorganization through the elimination of villages as governing entities. Parshall explores the social, political, and narrative contexts in which these community-level debates occur, providing us with a study of local democracy in action and of the power of local control over the creation and dissolution of local governing entities. With its dual within and cross-case study focus on New York State villages, In Local Hands is both timeless and timely, providing valuable contributions to the study of municipal development and reorganization.