Public Sector Economics

by Richard W. Tresch

Table of contents

PART I: INTRODUCTION

  1. The Foundations of Public Sector Theory
  2. Market Failures
  3. The Fundamental Theorems of Welfare Economic
  4. Appendix: Variable Factor Supplies

PART II: PUBLIC EXPENDITURE THEORY AND POLICY

  1. The Social Welfare Function and the Quest for Distributive Justice
  2. Applying the Social Welfare Function
  3. Externalities: Theoretical Issues
  4. Externalities: Policy Considerations
  5. Nonexclusive Goods
  6. Decreasing Cost Services: the Natural Monopolies
  7. U.S. Transfer Payments: the Public Choice Perspective
  8. Practical Issues in Designing Transfers to the Poor
  9. Social Insurance: Social Security

PART III: TAX THEORY AND POLICY

  1. The Pursuit of Equity in Taxation
  2. Equity Issues with the Federal Personal Income Tax
  3. Taxes and Inefficiency: the Excess Burden of Taxation
  4. Combining Equity and Efficiency in Taxation
  5. Taxes, Transfers, and Imperfect Information
  6. Tax Incidence: Theoretical Issues
  7. Tax Incidence: Applications

PART IV: COST-BENEFIT ANALYSIS

  1. Cost-Benefit Analysis

PART V: FISCAL FEDERALISM

  1. The Assignment of Functions amongst Governments
  2. Efficiency and Equity Issues with Mobile Resources
  3. Grants-in-Aid
  4. Epilogue: A New Behavioral Public Sector Economics?