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Article Dans Une Revue American Economic Review Année : 2006

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

Résumé

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 et versions

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

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  • HAL Id : hal-00087750 , version 1

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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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