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Optimal provision of public inputs in a second best scenario

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
LDR  00000nam a2200000 i 4500
001  MAP20070040192
003  MAP
005  20160208145558.0
008  060728s2005 esp 000|0eng
040  ‎$a‎MAP‎$b‎spa
084  ‎$a‎921.7
1001 ‎$0‎MAPA20080287689‎$a‎Martínez López, Diego
24510‎$a‎Optimal provision of public inputs in a second best scenario‎$c‎Diego Martínez López, A. Jesús Sánchez Fuentes
260  ‎$a‎Madrid‎$b‎Instituto de Estudios Fiscales‎$c‎2005
300  ‎$a‎35 p.‎$c‎21 cm.
4901 ‎$a‎Papeles de trabajo. Serie economía‎$v‎17
5208 ‎$a‎After obtaining the optimality rules for the provision of publics inputs, a numerical simulation is carried out to compute the level of public spending in each scenario. We find that a second-best rule has to be followed when lump-sum taxes are not available, even though the labor taxes are set optimality. Another result we obtain is that the level of public input provided under the second best escenario is higher than that corresponding to the first best outcome. The effect of changes to some parameters on the level of public input is also studied
65011‎$0‎MAPA20080600648‎$a‎Crecimiento económico
65011‎$0‎MAPA20080583538‎$a‎Análisis económico
65011‎$0‎MAPA20080571351‎$a‎Bienes públicos
65011‎$0‎MAPA20080586850‎$a‎Política económica
65011‎$0‎MAPA20080614515‎$a‎Intervencionismo estatal
65011‎$0‎MAPA20080597276‎$a‎Inversiones públicas
65011‎$0‎MAPA20080565824‎$a‎Gasto público
7001 ‎$0‎MAPA20080354534‎$a‎Sánchez Fuentes, A. Jesús
7101 ‎$0‎MAPA20080452766‎$a‎Instituto de Estudios Fiscales (España)
830 0‎$0‎MAPA20080526849‎$a‎Papeles de trabajo. Serie Economía‎$v‎17