Public Finance Review articles from July 1997

Public Finance Review archives from July 1997

Intangible capital, hedonic pricing, and international transfer prices.
July 1, 1997... I. BACKGROUND A key issue in international taxation over the past few decades has been the proper allocation, for tax purposes, of income among related parties transacting across international borders. The proper allocation of income...

The distinction between true and induced free riders: an application to GATT de factor membership.
July 1, 1997... I. INTRODUCTION In January of 1995, the international trade organization, the General Agreement on Tariffs and Trade (GATT), was replaced by the newly created World Trade Organization (WTO). Although the structure of the WTO was based upon...

School finance reform: an empirical test of the economics of public opinion.
July 1, 1997... 1. INTRODUCTION Calls for equalization in regard to public school finance are rooted in the fact that most school districts in the United States derive a large portion of their revenue from local property taxes. Unequal local property tax...

Changes in the relative provision of public-sector pensions.
July 1, 1997... I. INTRODUCTION Two related bodies of literature have developed over the last few years with surprisingly little recognition of each other. The first documents the decline in private-sector pension provision over the 1980s presenting various...

A note on the impact of structural federal budget deficits on commercial bank interest rates, 1963-1994.
July 1, 1997... I. INTRODUCTION There is an extensive literature dealing with the impact of federal government budget deficits on interest rates in the United States (Barth, Iden, and Russek 1984, 1985; Cebula 1988, 1993; Cebula and Hung 1992; Evans 1985,...