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Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and … and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …
Persistent link: https://www.econbiz.de/10002746082
This paper studies the aggregate and distributional implications of introducing user fees for publicly provided excludable public goods into a model with consumption and income taxes. The setup is a neoclassical growth model where agents differ in earnings and second-best policy is chosen by a...
Persistent link: https://www.econbiz.de/10009571131
without any user charges, to provision with full user charges; we also study mixed systems. In our quest for the best system …
Persistent link: https://www.econbiz.de/10012319430
We reexamine the properties of optimal fiscal policy and their implications for implementable capital accumulation. The setup is a standard endogenous growth model with public production services, augmented by elastic labor supply. We show that, when a benevolent government chooses a distorting...
Persistent link: https://www.econbiz.de/10011409385
to agglomeration economies and a higher cost of the publicly provided good due to congestion. It is shown that …
Persistent link: https://www.econbiz.de/10011399698
This paper provides a positive analysis of public provision of excludable public goods financed by uniform taxes or fees. Individuals differing in preferences decide using majority-rule the provision level and financing instrument. The median preference individual is the decisive voter in a tax...
Persistent link: https://www.econbiz.de/10011399681
Persistent link: https://www.econbiz.de/10003498806
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centralized solution. In addition the regions have strategic incentives to set user charges. If the regional spillover goods are …
Persistent link: https://www.econbiz.de/10011402495