What About the Losers in the Race to the Top?

20 Pages Posted: 24 Jul 2013

See all articles by Fred Thompson

Fred Thompson

Willamette University - Atkinson Graduate School of Management

Polly S. Rizova

Willamette University - Atkinson Graduate School of Management

Date Written: July 20, 2013

Abstract

This paper examines the claim that local officials ought to maximize property values and its corollary, the link between resources and location. It argues that, from the standpoint of democratic governance, the most important criterion by which any institutional arrangement should be judged is the degree to which it promotes citizen engagement and participation in the management of the polity. It tentatively concludes that, from this standpoint, our idiosyncratic system of fiscal federalism appears to work fairly well in general and specifically with respect or the governance of public education.

Keywords: schools, home-voter hypothesis, school districts, property taxes

JEL Classification: H7, I2, D7

Suggested Citation

Thompson, Fred and Rizova, Polly S., What About the Losers in the Race to the Top? (July 20, 2013). Available at SSRN: https://ssrn.com/abstract=2297575 or http://dx.doi.org/10.2139/ssrn.2297575

Fred Thompson (Contact Author)

Willamette University - Atkinson Graduate School of Management ( email )

900 State Street
Salem, OR 97301
United States
503-370-6228 (Phone)
503-370-3011 (Fax)

Polly S. Rizova

Willamette University - Atkinson Graduate School of Management ( email )

1120 Couch Street NW Suite 450
Portland, OR 97209
United States

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