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Infrastructure: Optimal Private And Governmental Funding And Provision

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  • Fred E. Foldvary

Abstract

The excess burden of taxation, which in the US is over $1 trillion, could be reduced by transferring responsibility for funding infrastructure to the private sector, with a corresponding cut in taxes. While governments may resist optimal taxation, private communities are induced to do so by competition. A promising approach to efficient funding of civic infrastructure is its transfer to private enterprise

Suggested Citation

  • Fred E. Foldvary, 2005. "Infrastructure: Optimal Private And Governmental Funding And Provision," Economic Affairs, Wiley Blackwell, vol. 25(1), pages 25-30, March.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:1:p:25-30
    DOI: 10.1111/j.1468-0270.2005.00533.x
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    References listed on IDEAS

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    1. Shoup, Donald C., 2004. "The Ideal Source of Local Public Revenue," University of California Transportation Center, Working Papers qt3x03s541, University of California Transportation Center.
    2. Klein, Daniel B, 1990. "The Voluntary Provision of Public Goods? The Turnpike Companies of Early America," Economic Inquiry, Western Economic Association International, vol. 28(4), pages 788-812, October.
    3. Shoup, Donald C, 2003. "Buying Time at the Curb," University of California Transportation Center, Working Papers qt2wz7401k, University of California Transportation Center.
    4. Shoup, Donald C., 2004. "The ideal source of local public revenue," Regional Science and Urban Economics, Elsevier, vol. 34(6), pages 753-784, November.
    5. Fred E. Foldvary, 1994. "Public Goods And Private Communities," Books, Edward Elgar Publishing, number 167.
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    Cited by:

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    2. Terry Arthur, 2005. "Authority: A Monopoly Running Amok In Business," Economic Affairs, Wiley Blackwell, vol. 25(4), pages 74-76, December.

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