Language:
English
Pages:
Online-Ressource
Edition:
Online-Ausg. World Bank E-Library Archive Also available in print
Series Statement:
Policy research working paper 2507
Parallel Title:
Eskeland, Gunnar S Public expenditures and environmental protection
Keywords:
Environmental protection Econometric models Economic aspects
;
Expenditures, Public Econometric models
;
Public goods Econometric models Costs
;
Taxation Econometric models
;
Environmental protection Econometric models Economic aspects
;
Expenditures, Public Econometric models
;
Public goods Econometric models Costs
;
Taxation Econometric models
Abstract:
Pigou's conjecture was that under costly taxation public expenditures should not reach the point where marginal benefits equal marginal costs. In the treatment here, public expenditures (and environmental protection) may provide public goods for consumption but also collective inputs for production. When the benefits are in production, the cost of funds is irrelevant. Why? Collective inputs benefit goods that are taxed, while for public goods the shadow price of funds reduces provision as if they were
Note:
"December 2000"--Cover
,
Includes bibliographical references (p. 26-27)
,
Title from title screen as viewed on Sept. 30, 2002
,
Also available in print.
URL:
Volltext
(Deutschlandweit zugänglich)
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