Record Details

Note on the Optimal Size of Government

European Journal of Business and Economics

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Field Value
 
Title Note on the Optimal Size of Government
 
Creator Chiung, Ting Chao
 
Subject Government
Optimal Size
Efficiency
Minimum Tax
Budget Balance
H21
H32
H60
 
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)
 
Publisher CBU, o.p.s.
 
Date 2011-10-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
analysis
 
Format application/pdf
 
Identifier https://ojs.journals.cz/index.php/EJBE/article/view/118
10.12955/ejbe.v3i0.118
 
Source European Journal of Business and Economics; Vol 3 (2011)
1804-9699
10.12955/ejbe.v3i0
 
Language eng
 
Relation https://ojs.journals.cz/index.php/EJBE/article/view/118/123
 
Rights Copyright (c) 2011 Ting Chao Chiung
https://creativecommons.org/licenses/by/3.0/