EconPapers    
Economics at your fingertips  
 

The Second-Best Level of a Public Good: An Approach Based on the Marginal Excess Burden

Timothy Gronberg () and Liqun Liu

Journal of Public Economic Theory, 2001, vol. 3, issue 4, 431-53

Abstract: This paper studies the second-best level of public goods, a topic first addressed formally by Atkinson and Stern (1974). It goes beyond the existing literature on this "level problem" by identifying the marginal excess burden as a key underlying force behind level comparisons. The propositions in this paper include previous results as special cases. The paper also relates the marginal excess burden condition to consumer behavior and to the complementarity or substitutability between the public good and the taxed private good. Copyright 2001 by Blackwell Publishing Inc.

Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... &year=2001&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jpbect:v:3:y:2001:i:4:p:431-53

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1097-3923

Access Statistics for this article

Journal of Public Economic Theory is currently edited by Rabah Amir, Gareth Myles and Myrna Wooders

More articles in Journal of Public Economic Theory from Association for Public Economic Theory Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2020-08-03
Handle: RePEc:bla:jpbect:v:3:y:2001:i:4:p:431-53