期刊論文
| 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 | en |
| ISSN | 0347-0520 1467-9442 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | 紙本 電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/23885 ) |