Abstract
As we saw in Chapter 19, in order to secure allocative efficiency, stability and an equitable income distribution, the government has to intervene in the market economy by administrative regulation, such as rent control and anti-monopoly measures, or by simply influencing relative market prices, for example, through indirect taxes and subsidies. Alternatively, the government may itself provide certain goods and services.
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© 1996 Jack Harvey
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Harvey, J. (1996). Theory of Urban Public Finance. In: Urban Land Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-24441-6_20
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DOI: https://doi.org/10.1007/978-1-349-24441-6_20
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-65439-2
Online ISBN: 978-1-349-24441-6
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