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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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    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.
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    5. Shoup, Donald C., 2004. "The ideal source of local public revenue," Regional Science and Urban Economics, Elsevier, vol. 34(6), pages 753-784, November.
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    7. 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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