How shall publicly provided excludable goods be financed - by general taxation or user fees? Prominent applications are in education, notably universities and early childcare. The general conclusion of the existing literature is that exclusive tax financing is neither efficient nor desirable...

How shall publicly provided excludable goods be financed - by general taxation or user fees? Prominent applications are in education, notably universities and early childcare. The general conclusion of the existing literature is that exclusive tax financing is neither efficient nor desirable...