A note on the link between public expenditures and distortionary taxation
Autor(en): | Gaube, Thomas | Erscheinungsdatum: | 2007 | Journal: | Economics Bulletin | Volumen: | 8 | Ausgabe: | 9 | Startseite: | 1 | Seitenende: | 10 | Zusammenfassung: | This note deals with the optimal provision of a public good in the context of the Ramsey tax model. It is shown that the second-best level of public good provision is inefficiently low relative to a situation where additional expenditures can be financed by lump-sum taxation. |
Externe URL: | http://www.accessecon.com/pubs/EB/2007/Volume8/EB-07H40004A.pdf |
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