International Journal of Management and Applied Science (IJMAS)
current issues
Volume-3,Issue-12  ( Dec, 2017 )
Statistics report
Feb. 2018
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 46
Paper Published : 2363
No. of Authors : 4887
  Journal Paper




Paper Title :
Local Demand for Public Goods Revisited

Author :Sangsoo Lim, Pilhyun Kim

Article Citation :Sangsoo Lim ,Pilhyun Kim , (2017 ) " Local Demand for Public Goods Revisited " , International Journal of Management and Applied Science (IJMAS) , pp. 42-44, Volume-3,Issue-12

Abstract : This paper is trying to find positive correlation between demand for local goods and local tax burdens in Korea. And this study analyze the possibility that demand for local public goods might be affected by the fiscal equalization scheme. The panel data is used to analyzethem. Panel data has the characteristic of time series, so we test if there is unit-root in the data for this analysis and if variables are cointegrated or not. Finally, the test results show that time series data has unit-root and variables are cointegrated. So the panel error correction model is used to estimate the local demand function for public goods. Keywords - Panel Cointegration, Panel Unit-root, Tax Price Function.

Type : Research paper

Indexed : Google Scholar


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