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Financing And The Optimal Provision Of Public Expenditure By Decentralized Agencies

Author

Listed:
  • Boadway, Robin
  • Horiba, Isao
  • Jha, Raghbendra

Abstract

It has realized since Pigou (1947) that if public goods are financed by distortionary taxation, the marginal social cost of providing the public good will exceed the actual resource cost by the marginal deadweight cost of taxation.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Boadway, Robin & Horiba, Isao & Jha, Raghbendra, 1996. "Financing And The Optimal Provision Of Public Expenditure By Decentralized Agencies," Economic Research Papers 268741, University of Warwick - Department of Economics.
  • Handle: RePEc:ags:uwarer:268741
    DOI: 10.22004/ag.econ.268741
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    Cited by:

    1. Axel Dreher & Kai Gehring & Christos Kotsogiannis & Silvia Marchesi, 2018. "Information transmission within federal fiscal architectures: theory and evidence," Oxford Economic Papers, Oxford University Press, vol. 70(1), pages 243-265.

    More about this item

    Keywords

    Agricultural and Food Policy; Financial Economics; Public Economics;
    All these keywords.

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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