| Popis: |
On the basis of Tiebout's theory about optimal provision of public goods and achieve conditions, We have tested Tiebout's hypothesis on the basis of Chongqing district by operating an empirical model, and put some corresponding policies. This paper finds that in Chongqing China, although it has a significantly different conclusion from USA owing to the difference of urban structure, and we have take into account the impact of these differentiae. This paper draws a similar conclusion to Oates' theory with full awareness of the impact of differentia resulting from different urban structure between Chinese and American cities. Thus we prove the validity of Tiebout's theory. Our results indicate that property taxes does affect the value of owner occupied housing and thus imply that appreciable tax capitalization does occur in Chongqing ; and the quality of regional public servings have affected residential property values. |
