... conviction of illegal suppliers obviously depend on the extent of the difference between the social and private value of consumption of illegal goods, but they also depend crucially on the elasticity of ... discounting of future utilities The implications for optimal excise taxes of these models are generally not unique to harmful addictive goods, and apply to the consumption of all goods that trade off ... from the viewpoint of members of the peer group as well This would be a further reason why the social value of the consumption of drugs was below the private values of individuals Of course, if greater...
... objectives and the publicgoods choice The review of the above issues is discussed in sequence in the follows 2.2 PublicGoods and City Performances The effects ofpublicgoods on economic performance ... net -of- tax product prices, the factor prices and the stock of local public capitals The non-traded goods market is cleared when the supply of non-traded goods meets the demand of non-traded goods ... determined by the level of the public capital and local amenities in the city We then introduce a public sector to the model, to endogenize the supply of local publicgoods The public sector raises...
... financial situation of town governments and the lack of rural publicgoods provision in many villages Defining PublicGoods The provision ofpublicgoods is an essential indicator of governmental ... measure ofpublicgoods provision Hiroshi measures publicgoods provision by the proportion of expenditure ofpublic services to total village expenditure.127 Luo et al examine three dimensions ofpublic ... gauge publicgoods by the number ofpublicgoods projects.130 Since the provision of different publicgoods varies, the sole measure of investment may not fully represent the situation The use of...
... relevant publicgoods in the taxonomy ofpublicgoods in rural areas 19 Table 2-3: Confrontation of the theories on the problem ofpublicgoods provision 39 Table 2-4: Enforcement of ... taxonomy ofpublicgoods in rural areas and define the characteristics of local publicgoods more precisely Then I will discuss four goods that all comprise characteristics of local public goods, ... shown below, some goods can also act as characteristics of other local publicgoods 2.1.1 Taxonomy ofpublicgoods in rural areas In this section I introduce the taxonomy ofpublicgoods in rural...
... including The Handbook of Debt Management and Government Financial Management Theory Hugh T Miller is professor ofpublic administration and director of the School ofPublic Administration at ... Audit Office in Sweden, is the author of many articles and publications in the field of decision making, and was co-editor of the International Atlas of Evaluation (2002) He is president of the ... in public administration from Florida Atlantic University in 2005 Frank Fischer is professor of political science and member of the faculty of the Edward J Bloustein School of Planning and Public...
... definition ofpublicgoods to argue that there are problems from both a political and an economic point of view with the notion of microfinance displacing the public sector as the provider ofpublicgoods ... microfinance’s expansion into the provision ofpublicgoods It focuses on the problem ofpublicgoods and collective action and refers to the specific example of water and sanitation The microfinancing ... understanding of the theoryofpublicgoods and problems of collective action raises doubts about the capacity of individuals or households using credit to fund the provision of these types of services...
... Milleron, Jean-Claude (1972) Theoryof Value with Public Goods: A Survey Article.” Journal of Economic Theory 5, 419– 477 Mori, T (1989) “Effectiveness of Mechanisms for PublicGoods Provision: An Experimental ... Problem.” Journal ofPublic Economics 76, 203–238 Green, J and Laffont, J.-J (1977) “Characterization of Satisfactory Mechanisms for the Revelation of the Preferences for Public Goods. ” Econometrica ... mentioned above SUPERMODULARITY OF EXISTING NASH-EFFICIENT PUBLICGOODS MECHANISMS In this section we investigate the supermodularity of five well-known Nash-efficient publicgoods mechanisms We use supermodularity...