Note on the Optimal Size of Government
European Journal of Business and Economics
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Title |
Note on the Optimal Size of Government
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Creator |
Chiung, Ting Chao
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Subject |
Government
Optimal Size Efficiency Minimum Tax Budget Balance H21 H32 H60 |
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Description |
Since government is a nonprofit organization, I apply firmtheory under zero profit condition to analyze the optimal sizeof government. Government should minimize shortrunaverage cost while demand for public service is equal tosupply of public service. The optimal size of governmentimplies (1) tax is minimized under balance budget givenpublic service and (2) budget surplus and budget deficit areinefficient (i.e., balance budget is Pareto optimum)
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Publisher |
CBU, o.p.s.
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Date |
2011-10-07
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article analysis |
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Format |
application/pdf
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Identifier |
https://ojs.journals.cz/index.php/EJBE/article/view/118
10.12955/ejbe.v3i0.118 |
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Source |
European Journal of Business and Economics; Vol 3 (2011)
1804-9699 10.12955/ejbe.v3i0 |
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Language |
eng
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Relation |
https://ojs.journals.cz/index.php/EJBE/article/view/118/123
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Rights |
Copyright (c) 2011 Ting Chao Chiung
https://creativecommons.org/licenses/by/3.0/ |
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