教師資料查詢 | 類別: 期刊論文 | 教師: 洪小文 Hung,Hsiao Wen (瀏覽個人網頁)

標題:Optimal Fiscal Policies, Congestion and Over-entry
學年95
學期2
出版(發表)日期2007/03/01
作品名稱Optimal Fiscal Policies, Congestion and Over-entry
作品名稱(其他語言)
著者Chang, Juin-jen; Hung, Hsiao-wen; Shieh, Jhy-yuan; Lai, Ching-chong
單位淡江大學產業經濟學系
出版者Chichester: Wiley-Blackwell Publishing Ltd.
著錄名稱、卷期、頁數Scandinavian Journal of Economics 109(1), pp.137-151
摘要By shedding light on market imperfections and the congestion of public goods, we show that free entry in a market equilibrium will lead to excessive entry relative to the social optimum. Moreover, by specifying a generalized congestion function, it is also shown that different fiscal policies, including labor income tax, capital income tax and government expenditure, play a distinct role in terms of remedying market distortions. Specifically, optimal income taxes decrease with the degree of market imperfections in order to remove the monopoly inefficiency, while they increase with the degree of congestion in order to remedy the adverse externality caused by congestion distortion. Since a higher degree of increasing returns to an expansion in the variety of intermediate goods is found to intensify the congestion effect of government infrastructure expenditure, the optimal rule of government expenditure proposed by Barro (1990) should be modified.
關鍵字Optimal fiscal policies; Congestion; Entry
語言英文
ISSN0347-0520;1467-9442
期刊性質國外
收錄於SSCI
產學合作
通訊作者
審稿制度
國別英國
公開徵稿
出版型式紙本;電子版
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