Abstract
This paper proposes a formulation of problems of public economics—taxation, public production—within the framework of one-kind allocation models. It differs from the similar approaches by Boiteux and by Diamond and Mirrlees in that the (second-best) models are written in primal language—specifically without the use of indirect utility functions—and, thus, are nearer to usual Paretian formulations. The main topics are the conditions of production efficiency in the case of profit taxation, marketable public goods, and proportional indirect taxation with sectoral budget constraints.
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References
Atkinson, A. B., and Stiglitz, J. E., ‘The Structure of Indirect Taxation and Economic Efficiency’, Journal of Public Economics, no. 1 (1972).
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© 1977 International Economic Association
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Bernard, A. (1977). Optimal Taxation and Public Production with Budget Constraints. In: Feldstein, M.S., Inman, R.P. (eds) The Economics of Public Services. International Economic Association Conference Volumes. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02917-4_15
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DOI: https://doi.org/10.1007/978-1-349-02917-4_15
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-02919-8
Online ISBN: 978-1-349-02917-4
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