Public expenditures and environmental protection: when is the cost of funds irrelevant?
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 produc...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
World Bank, Development Research Group, Public Economics
[2000]
|
| Schriftenreihe: | Policy research working paper
2507 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 URL des Erstveröffentlichers |
| Zusammenfassung: | 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 |
| Beschreibung: | "December 2000"--Cover Includes bibliographical references (p. 26-27) Title from title screen as viewed on Sept. 30, 2002 |
| Beschreibung: | 1 Online-Ressource |
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| 520 | 3 | |a 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 | |
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| index_date | 2024-07-03T22:27:50Z |
| indexdate | 2024-07-10T09:54:34Z |
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| language | English |
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| spelling | Eskeland, Gunnar S. Verfasser aut Public expenditures and environmental protection when is the cost of funds irrelevant? Gunnar S. Eskeland Washington, D.C World Bank, Development Research Group, Public Economics [2000] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 2507 "December 2000"--Cover Includes bibliographical references (p. 26-27) Title from title screen as viewed on Sept. 30, 2002 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 Online-Ausg Also available in print Environmental protection Economic aspects Econometric models Expenditures, Public Econometric models Public goods Costs Econometric models Taxation Econometric models World Bank Development Research Group Public Economics oth Eskeland, Gunnar S Public expenditures and environmental protection http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2507 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Eskeland, Gunnar S. Public expenditures and environmental protection when is the cost of funds irrelevant? Environmental protection Economic aspects Econometric models Expenditures, Public Econometric models Public goods Costs Econometric models Taxation Econometric models |
| title | Public expenditures and environmental protection when is the cost of funds irrelevant? |
| title_auth | Public expenditures and environmental protection when is the cost of funds irrelevant? |
| title_exact_search | Public expenditures and environmental protection when is the cost of funds irrelevant? |
| title_exact_search_txtP | Public expenditures and environmental protection when is the cost of funds irrelevant? |
| title_full | Public expenditures and environmental protection when is the cost of funds irrelevant? Gunnar S. Eskeland |
| title_fullStr | Public expenditures and environmental protection when is the cost of funds irrelevant? Gunnar S. Eskeland |
| title_full_unstemmed | Public expenditures and environmental protection when is the cost of funds irrelevant? Gunnar S. Eskeland |
| title_short | Public expenditures and environmental protection |
| title_sort | public expenditures and environmental protection when is the cost of funds irrelevant |
| title_sub | when is the cost of funds irrelevant? |
| topic | Environmental protection Economic aspects Econometric models Expenditures, Public Econometric models Public goods Costs Econometric models Taxation Econometric models |
| topic_facet | Environmental protection Economic aspects Econometric models Expenditures, Public Econometric models Public goods Costs Econometric models Taxation Econometric models |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2507 |
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