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Existence of monopoly and its costs to societies have been intensely studied. However, there has been no clear view obtained yet. Studies of rent-seeking approach of the public choice school even make the issue more interesting. This paper surveys from traditional Harberger's triangle approach...
Persistent link: https://www.econbiz.de/10014221649
The purpose of this research is to determine the relationship among education, education finance and economic growth on the basis of secondary education. In the research, the number of students enrolled in secondary education is the indicator of education, net government education expenditures...
Persistent link: https://www.econbiz.de/10013239765
The size of government expenditure in an economy grows over time. To finance these expenditures, public incomes must grow as well. Given that tax revenues are not sufficient for such spending and levying, new taxes and/or increasing current tax rates are not politically desirable, the only...
Persistent link: https://www.econbiz.de/10014072167