Kamath, Rajalaxmi - In: International Tax and Public Finance 13 (2006) 6, pp. 733-753
This paper studies the impact of public goods provision in an adverse selection environment. Public inputs used … market. Public inputs change the nature of the binding incentive constraint and mitigate distortions in the credit market …. The magnitude of such indirect benefits depends upon the ‘type’ of the public input being considered. Public inputs …