, labor and capital, and the services of an accumulable pure public input (of which an important example is infrastructure …

rivalry in consumption of the publicly provided good. We identify three sources of welfare loss from decentralization … characteristics of the publicly provided good are an important determinant for the welfare costs of decentralization. …

This paper shows that, where the relative levels and general evolution of labour, capital and consumption tax rates are … different approaches are either negligible or relatively small.This is particularly true in the case of labour and consumption …

capital, public capital, and disaggregated public capital for the United States for 1948-1993. We find evidence of multiple …. When public capital is disaggregated by type there is less evidence for cointegration. Finally, innovations in public … capital have long lasting effects on output, labor, and private capital, and innovations to output, labor, and private capital …