The Theory of `Internal Exit', a comment on Buchanan and Faith (1987) - Archive ouverte HAL Access content directly
Journal Articles American Economic Review Year : 2006

The Theory of `Internal Exit', a comment on Buchanan and Faith (1987)

Abstract

The purpose of this note is to correct an error in the seminal article on secession by Buchanan and Faith (1987). In their paper, Buchanan and Faith neglected an important effect: political separation affects markets and consequently individual private incomes.

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Dates and versions

hal-00087750 , version 1 (26-07-2006)

Identifiers

  • HAL Id : hal-00087750 , version 1

Cite

Grégoire Rota-Graziosi. The Theory of `Internal Exit', a comment on Buchanan and Faith (1987). American Economic Review, 2006, A paraître. ⟨hal-00087750⟩
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