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