Abstract
The concept of merit goods was introduced into the literature by Richard Musgrave in 1957. As John Head (1988) remarks one should expect after so many years that the profession has reached an agreement on the usefulness and the content of the concept. This is by no means the case. The concept is as controversial today as it used to be at the time of its invention. Musgrave’s most recent contribution to the debate — which appeared in the New Palgrave in 1987 — leaves the reader just as uneasy and helpless as his very first discussions of the subject did. No wonder that main- stream economists hesitate to acknowledge the usefulness of the concept altogether.
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References
Head, J. G., 1988, Merit Wants, Finanzarchiv N. F. 46, 1– 37
Musgrave, R. A., 1956/57, A Multiple Theory of Budget Determination, Finanzarchiv N. F. 17, 333–343
Musgrave, R. A., 1987, Merit Goods, in: Eatwell, J., Milgate, M., Newman, P. (eds.), The New Palgrave, 451–453
Pazner, E., 1972, Merit Wants and the Theory of Taxation, Public Finance 27, 460–472
Sen, A. K., 1977, On Weights and Mesures, Econometrica 45, 1539–1572
Wenzel, H.-D., Wiegard, W., 1981, Merit Goods and Second- Best Taxation, Public Finance 36, 125–140
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© 1994 Springer-Verlag Berlin · Heidelberg
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Richter, W.F., Weimann, J. (1994). Merit Goods and Welfarism. In: Eichhorn, W. (eds) Models and Measurement of Welfare and Inequality. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-79037-9_19
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DOI: https://doi.org/10.1007/978-3-642-79037-9_19
Publisher Name: Springer, Berlin, Heidelberg
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