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Economics

Selected Works

1988

Public Finance

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A Test For Efficiency In The Supply Of Public Goods, Ted Bergstrom, Judith Roberts, Daniel Rubinfeld, Perry Shapiro Feb 1988

A Test For Efficiency In The Supply Of Public Goods, Ted Bergstrom, Judith Roberts, Daniel Rubinfeld, Perry Shapiro

Ted C Bergstrom

This paper conducts an empirical test of whether local governments spend more or less than a Pareto optimal amount on local public goods. Our procedure is to check whether the Samuelson first order conditions ) for efficient provision of public goods are satisfied.