The optimal provision of public inputs in a second best scenario

This paper provides a simple general equilibrium model with productive public spending and distorting taxes. The optimal conditions for the provision of public inputs are obtained under different tax systems. Also we discuss which factors affect the marginal cost of public funds.

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Year of publication:	2004
Authors:	Martinez-Lopez, Diego
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 8.2004, 3, p. 1-9
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	H4 - Publicly Provided Goods ; H5 - National Government Expenditures and Related Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005416824