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Efficiency and Equity in the Optimal Supply of a Public Good


  • McGuire, Martin C
  • Aaron, Henry J


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  • McGuire, Martin C & Aaron, Henry J, 1969. "Efficiency and Equity in the Optimal Supply of a Public Good," The Review of Economics and Statistics, MIT Press, vol. 51(1), pages 31-39, February.
  • Handle: RePEc:tpr:restat:v:51:y:1969:i:1:p:31-39

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    References listed on IDEAS

    1. R. W. Hafer & Scott E. Hein, 1980. "The dynamics and estimation of short-run money demand," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 26-35.
    2. Daniel L. Thornton, 1985. "Money demand dynamics: some new evidence," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 14-23.
    3. Fair, Ray C, 1970. "The Estimation of Simultaneous Equation Models with Lagged Endogenous Variables and First Order Serially Correlated Errors," Econometrica, Econometric Society, vol. 38(3), pages 507-516, May.
    4. Spencer, David E, 1985. "Money Demand and the Price Level," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 490-496, August.
    5. Donald W.K. Andrews & Ray C. Fair, 1987. "Inference in Econometric Models with Structural Change," Cowles Foundation Discussion Papers 832, Cowles Foundation for Research in Economics, Yale University.
    6. Stephen M. Goldfeld, 1976. "The Case of the Missing Money," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 7(3), pages 683-740.
    7. Hendry, David F. & Pagan, Adrian R. & Sargan, J.Denis, 1984. "Dynamic specification," Handbook of Econometrics,in: Z. Griliches† & M. D. Intriligator (ed.), Handbook of Econometrics, edition 1, volume 2, chapter 18, pages 1023-1100 Elsevier.
    8. R. W. Hafer, 1985. "Monetary stabilization policy: evidence from money demand forecasts," Review, Federal Reserve Bank of St. Louis, issue May, pages 21-26.
    9. Hwang, Hae-shin, 1985. "Test of the Adjustment Process and Linear Homogeneity in a Stock Adjustment Model of Money Demand," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 689-692, November.
    10. Stephen M. Goldfeld, 1973. "The Demand for Money Revisited," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(3), pages 577-646.
    11. Milbourne, Ross, 1983. "Price Expectations and the Demand for Money: Resolution of a Paradox," The Review of Economics and Statistics, MIT Press, vol. 65(4), pages 633-638, November.
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    Cited by:

    1. Nijkamp, P., 1985. "Equity and efficiency in environmental policy analyses : separability versus inseparability," Serie Research Memoranda 0004, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    2. Johnstone, Nick, 1997. "Economic Inequality and the Urban Environment: The Case of Water and Sanitation," Discussion Papers 24141, International Institute for Environment and Development, Environmental Economics Programme.
    3. Eskeland, Gunnar*Chingying Kong, 1998. "Protecting the environment and the poor - a public goods framework applied to Indonesia," Policy Research Working Paper Series 1961, The World Bank.
    4. Ayer, Harry W. & Weidman, Joe, 1976. "The Rural Town As A Producing Unit: An Empirical Analysis And Implications For Rural Development Policy," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 8(02), December.
    5. Jaelani, Aan, 2017. "Manajemen pengeluaran publik di Indonesia: Tinjauan ekonomi Islam pada APBN 2017
      [Public expenditure management in Indonesia: Islamic economic review on state budget 2017]
      ," MPRA Paper 77423, University Library of Munich, Germany, revised 07 Mar 2017.
    6. Z. Spindler, 1982. "The overstated economy: Implications of positive public economics for national accounting," Public Choice, Springer, vol. 38(2), pages 181-196, January.
    7. Geoffrey Heal & Bengt Kriström, 2014. "Distribution, sustainability and environmental policy," Chapters,in: Handbook of Sustainable Development, chapter 11, pages 175-187 Edward Elgar Publishing.
    8. Hoyt, Paul G. & Ayer, Harry W., 1977. "The Distribution Of Tax Burdens And Government Expenditure Benefits In Metro And Nonmetro Arizona," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 1(01), June.
    9. José Ignacio Gobernado Rebaque, 2003. "Un análisis de incidencia fiscal municipal: Efectos redistributivos de los presupuestos de los ayuntamientos de Castilla y León," Hacienda Pública Española, IEF, vol. 166(3), pages 85-111, September.
    10. Håkansson, Cecilia & Östberg, Katarina & Bostedt, Göran, 2012. "Estimating Distributional Effects of Environmental Policy in Swedish Coastal Environments – A Walk along different Socio-economic Dimensions," CERE Working Papers 2012:18, CERE - the Center for Environmental and Resource Economics.

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