Zusammenfassung
We are interested in the county government’s role for the county seat economy. Our suggestion is this: Rather than discuss changes in county seat location at a given budget (representing a rare natural experiment), we should look at changes in county budget holding fixed county seat location (yielding a steady flow of observations). In the paper’s model changes in the county budget translate into ...
Zusammenfassung
We are interested in the county government’s role for the county seat economy. Our suggestion is this: Rather than discuss changes in county seat location at a given budget (representing a rare natural experiment), we should look at changes in county budget holding fixed county seat location (yielding a steady flow of observations). In the paper’s model changes in the county budget translate into changes in county seat employment. In the paper’s empirical test against a sample of German county seats we find it difficult to reject this.