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An Investigation into Alternative Representations of the Marginal Cost of Public Funds Author info | Abstract | Publisher info | Download info | Related research | Statistics Lars Hokonsen
The literature on the marginal cost of public funds (MCF) and the marginal excess burden is presently a very rich one. A problem with this literature, is that several different measures are interpreted as MCF. This paper derives and compares some commonly used measures, and introduces an alternative. Performing a cross-comparison of the various measures seems to be a useful exercise in order to be able to distinguish between which measure is telling us what. Such a taxonomy might clarify the sense in which the different concepts should be used in future writings on this field. Copyright Kluwer Academic Publishers 1998
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Article provided by Springer in its journal International Tax and Public Finance .
Volume (Year): 5 (1998)
Issue (Month): 3 (July)
Pages: 329-343
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Handle: RePEc:kap:itaxpf:v:5:y:1998:i:3:p:329-343Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=102915
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Keywords: Tax distortions ; excess burden ; cost of public funds ; Other versions of this item:
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