In:
Public Finance Quarterly, SAGE Publications, Vol. 21, No. 2 ( 1993-04), p. 178-195
Kurzfassung:
Matching grants are commonly used to influence the bundle of public goods provided by governments. A contingent valuation experiment was designed to determine the value that individuals place on improved recreational facilities under a matching grant proposal. The experiment provided an opportunity to examine preferences given the public good exists in an active and well-defined market, and the valuation experiment was perceived as meaningful to public policy. The researchers estimated a mean willingness-to-pay for park improvements of $8.30, far less than the implied tax increase of $21 provided by local politicians opposed to the project but nearly double the actual tax increase for the average property owner.
Materialart:
Online-Ressource
ISSN:
0048-5853
DOI:
10.1177/109114219302100204
Sprache:
Englisch
Verlag:
SAGE Publications
Publikationsdatum:
1993
ZDB Id:
2070401-X
ZDB Id:
1358400-5
ZDB Id:
185241-3
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