Do Governmental and Private Conservation Funds Crowd Out Open Space Spending

摘要: There are many different vehicles that can be used to conserve land within towns. For example, towns spend money on conservation through open space related expenditures in their budget, residents vote a referendum fund with bonds, private trusts purchase development rights, and governmental grants conservation. The attraction or repulsion of funding sources for have only been investigated some these vehicles, however. Our paper investigates the spatial relationship between not examined before regression discontinuity framework.