A theory of user-fee competition
نویسندگان
چکیده
منابع مشابه
A Theory of User-fee Competition
We develop a two-region model where the decentralized provision of spillover goods can be financed by means of taxes or user fees. In order to enforce the fees regions have to invest in exclusion. We show that a decentralized solution tends to be inefficient. There will be over-investment in exclusion and an underprovision of the spillover goods compared to a centralized solution. In addition t...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2007
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2006.10.008