1. Costs and returns of human migration;Sjaastad;J Polit Econ,1962
2. A pure theory of local expenditures;Tiebout;J Polit Econ,1956
3. See Canto and Webb (1987) for a formal description of the framework and the empirical evidence on the effects of the state’s fiscal policies on the states relative economic performance.
4. The effect of state fiscal policy on state relative economic performance;Canto;S Econ J,1987
5. Also Canto, Laffer and Webb (1992) present a wider range of applications of the basic framework. They analyze the impact of states and local relative fiscal policy on a variety of activities, such as General Obligations, GO, bond rating and yields, the relative performances of real state, migration patterns and the relative stock returns.