Since 2014
If You Build It, Will They Come?: Fiscal Federalism, Local Provision of Public Tourist Amenities, and the Vision Iowa Fund
The Review of Regional Studies
View Archive Info| Field | Value | |
| Title |
If You Build It, Will They Come?: Fiscal Federalism, Local Provision of Public Tourist Amenities, and the Vision Iowa Fund
|
|
| Creator |
Premkumar, Deepak
Quackenbush, Austin Artz, Georgeanne Orazem, Peter |
|
| Subject |
amenities, fiscal federalism, sales tax public goods, local government, spillovers
H2, H4, H7 |
|
| Description |
Iowa provided partial state funding to communities to build tourist attractions, a potential solution to local under-provision of public goods. A 10 percent increase in state funds increased county taxable retail sales by 0.1 percent. The State’s return from resulting sales tax revenue averaged 11.8 percent. Local communities paid more and received less tax, and so their return was much smaller at 1.2 percent. Neighboring community sales also increased. The positive spillovers to neighbors and the state suggest that local communities will undersupply public amenities without state subsidies.
|
|
| Publisher |
Southern Regional Science Association
|
|
| Contributor |
—
|
|
| Date |
2014-03-21
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
|
| Format |
application/pdf
|
|
| Identifier |
http://journal.srsa.org/ojs/index.php/RRS/article/view/43.23.4
|
|
| Source |
The Review of Regional Studies; Vol 43, No 2,3 (2013); 155-173
0048-749X 1553-0892 |
|
| Language |
eng
|
|
| Relation |
http://journal.srsa.org/ojs/index.php/RRS/article/view/43.23.4/pdf
|
|