Abstract
AbstractThis study confirms free‐rider behaviour of pre‐merger municipalities in the case of voluntary amalgamation. The novel contribution of this study is dividing pre‐merger municipalities into two groups: those that had the chance to free ride when setting the long‐term care insurance premium and those that did not. Moreover, it focuses on the revision of the long‐term care insurance premium as the target of free‐rider behaviour. Therefore, the present study is able to capture free‐rider behaviour before the amalgamation. The regression results confirm that only pre‐merger municipalities that had the chance to free ride showed free‐rider behaviour.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
