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The optimal supply of public goods in collective choice

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  • Hong Yih Chu

Abstract

The aim of this paper is to provide an appropriate method to estimate the elasticity of demand that is to be used to calculate the benefit share which is used for calculating the benefit-burden ratio for median voters and to investigate whether the present tax system leads to an efficient level of public sector output. In addition, the redistribution effects of the current tax system will also be discussed. The degree of bias when the environmental factor was not included in the production function is also considered.

Suggested Citation

  • Hong Yih Chu, 2001. "The optimal supply of public goods in collective choice," Applied Economics, Taylor & Francis Journals, vol. 33(7), pages 823-827.
  • Handle: RePEc:taf:applec:v:33:y:2001:i:7:p:823-827
    DOI: 10.1080/00036840122458
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    References listed on IDEAS

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    1. Hamilton, Bruce W., 1983. "The flypaper effect and other anomalies," Journal of Public Economics, Elsevier, vol. 22(3), pages 347-361, December.
    2. Hayes, Kathy J, 1989. "A Specification Test for Choosing the "Right" Public-Good Price," Journal of Business & Economic Statistics, American Statistical Association, vol. 7(2), pages 267-273, April.
    3. Barlow, Robin, 1970. "Efficiency Aspects of Local School Finance," Journal of Political Economy, University of Chicago Press, vol. 78(5), pages 1028-1040, Sept.-Oct.
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