JUE Insight: Zoning and property taxation revisited—Was Hamilton right?
用一个高度简化的模型重新审视汉密尔顿关于分区与财产税的观点，得出与近期否定性结论不同的肯定性结论，对研究地方公共财政的学者有参考价值。
In rare theoretical treatments of ideas developed by Hamilton (1975, 1976) almost fifty wears ago, recent papers by Barseghyan and Coate (2016) and Calabrese et al. (2007) develop dynamic models to analyze zoning and property taxation in a system of communities. Their analyses led to negative conclusions, contradicting Hamilton’s view, by showing that efficient zoning does not emerge in equilibrium. The purpose of this note is to show that a different, affirmative conclusion can be reached in a simpler, highly stylized model that formalizes Hamilton’s idea.