Since 2014
Note on the Optimal Size of Government
European Journal of Business and Economics
View Archive Info| Field | Value | |
| Title |
Note on the Optimal Size of Government
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| Creator |
Chiung, Ting Chao; Michigan State University
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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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| Contributor |
—
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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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