The Fiscal costs of local economic growth for Montana county governments

....................................................................ii List of Tables.............................................................. v List of Figures............................................................ vi Acknowledgements..........................................................vii 1. CHAPTER ONE: INTRODUCTION............................................... 1 2. CHAPTER TWO: THE BEHAVIORAL MODEL...................................... 5 The Theory of Public Choice............................................ 5 Politicians, Voters, and the Median Voter............................ 6 The Demand for Public Goods............................................ 9 Criticisms of the Median Voter Model,.............................. .12 3. CHAPTER THREE: THE EVOLUTION OF PUBLIC EXPENDITURE ANALYSIS...... 17 Unguided Empiricism.................................................... 18 Focus on Personal Income and Taxes................................... 27 A Proposal for a True Demand Function................................37 4. CHAPTER FOUR: THE STATISTICAL MODEL...................................45 Lessons from Past Studies.............................................. 46 The Dependent Variables................................................47 The Independent Variables............................................. 50 5. CHAPTER FIVE: RESULTS OF THE REGRESSIONS....................... 58 6. CHAPTER SIX: CONCLUSIONS AND RECOMMENDATIONS FOR FURTHER STUDY...70 The Median Voter Model................................................. 70 The Proxies for Price and Quantity................................... 71 A Public Finance Alternative.......................................... 74