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Towards a Theory of Third-Best

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  • Ng, Yew-Kwang

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  • Ng, Yew-Kwang, 1977. "Towards a Theory of Third-Best," Public Finance = Finances publiques, , vol. 32(1), pages 1-15.
    • Handle: RePEc:pfi:pubfin:v:32:y:1977:i:1:p:1-15
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    1. J. E. Stiglitz & P. Dasgupta, 1971. "Differential Taxation, Public Goods, and Economic Efficiency," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 38(2), pages 151-174.
    2. Sandmo, Agnar, 1974. "A Note on the Structure of Optimal Taxation," American Economic Review, American Economic Association, vol. 64(4), pages 701-706, September.
    3. Nancy Ruggles, 1949. "Recent Developments in the Theory of Marginal Cost Pricing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 17(2), pages 107-126.
    4. J. N. Bhagwati & T. N. Srinivasan, 1969. "Optimal Intervention to Achieve Non-Economic Objectives," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(1), pages 27-38.
    5. R. G. Lipsey & Kelvin Lancaster, 1956. "The General Theory of Second Best," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 24(1), pages 11-32.
    6. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production: I--Production Efficiency," American Economic Review, American Economic Association, vol. 61(1), pages 8-27, March.
    7. Atkinson, A. B. & Stiglitz, J. E., 1972. "The structure of indirect taxation and economic efficiency," Journal of Public Economics, Elsevier, vol. 1(1), pages 97-119, April.
    8. Baumol, William J & Bradford, David F, 1970. "Optimal Departures from Marginal Cost Pricing," American Economic Review, American Economic Association, vol. 60(3), pages 265-283, June.
    9. Thompson, Earl A, 1974. "Taxation and National Defense," Journal of Political Economy, University of Chicago Press, vol. 82(4), pages 755-782, July/Aug..
    10. Brennan, Geoffrey & McGuire, Thomas, 1975. "Optimal policy choice under uncertainty," Journal of Public Economics, Elsevier, vol. 4(2), pages 205-209, February.
    11. Allingham, M. G. & Archibald, G. C., 1975. "Second best and decentralization," Journal of Economic Theory, Elsevier, vol. 10(2), pages 157-173, April.
    12. Boiteux, M., 1971. "On the management of public monopolies subject to budgetary constraints," Journal of Economic Theory, Elsevier, vol. 3(3), pages 219-240, September.
    13. M. J. Farrell, 1958. "In Defence Of Public-Utility Price Theory," Oxford Economic Papers, Oxford University Press, vol. 10(1), pages 109-123.
    14. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production II: Tax Rules," American Economic Review, American Economic Association, vol. 61(3), pages 261-278, June.
    15. Lerner, Abba P, 1970. "On Optimal Taxes With an Untaxable Sector," American Economic Review, American Economic Association, vol. 60(3), pages 284-294, June.
    16. Dixit, Avinash K, 1970. "On the Optimum Structure of Commodity Taxes," American Economic Review, American Economic Association, vol. 60(3), pages 295-301, June.
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    Cited by:

    1. Kaplow, Louis, 1998. "Tax and non-tax distortions," Journal of Public Economics, Elsevier, vol. 68(2), pages 303-306, May.
    2. Ng, Yew-Kwang, 2018. "Ten rules for public economic policy," Economic Analysis and Policy, Elsevier, vol. 58(C), pages 32-42.
    3. Ng, Yew-Kwang, 2000. "The Optimal Size of Public Spending and the Distortionary Cost of Taxation," National Tax Journal, National Tax Association;National Tax Journal, vol. 53(2), pages 253-272, June.

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