Opportunities for Collaboration and the Adoption of Local Government Investment Pools

This study examines the determinants of state adoption of local government investment pools (LGIPs) for commingling public funds for investment. It uses aggregate local government panel data from 41 states over a 40-year period and conditional fixed-effects logistic regression. The study finds that opportunities for collaboration, the extent of interlocal collaboration, local financial/economic conditions in a state, and proximate coterminous neighbors increase the likelihood that a state will adopt an LGIP. The finding that opportunities for collaboration contribute to the likelihood of LGIP adoption is an important evidence in support of the collaboration idea and extends the theory to interlocal cash management.     

IMPACT ASSESSMENT AND POLICY FAILURE: THE NUCLEAR WASTE POLICY ACT OF 1982

We examine the role of environmental assessments in the siting process mandated under the ambitious Nuclear Waste Policy Act of 1982. We analyze the effect of these assessments in both the western and eastern United States using the original documents, critiques of the methodology of the assessments, and public comments on the siting process, including a content analysis of hearings in Wisconsin and Maine. We conclude that the major effect of the assessments on the policy process was to stimulate public and state opposition to the Department of Energy's efforts to implement NWPA, leading to what could be called policy failure and a significant redirection of the act by Congress in late 1987. The paper represents an early report of a more comprehensive and ongoing study of the politics of nuclear waste disposal.