Showing papers in "Journal of Public Economics in 1975"

TL;DR: In this article, the authors explored the possibility of conflict between high national income and distributional equity and found that even when the distribution of earning power is rightward skew, majority voting does not necessarily lead to the adoption of a tax function which has the average tax rate rising with income.

TL;DR: In this paper, the relationship between market structure and the incidence of corrupt dealings in the government contracting process is investigated and the extent to which various criminal sanctions will deter corruption and the degree to which criminal incentives can be reduced by revising contracting procedures and reorganizing market structures.

TL;DR: This article defined the social marginal utility of an individual's income as the gain to society of a unit of consumption by the individual plus the value of his marginal propensity to pay taxes out of income.

TL;DR: In this article, a mechanism to coordinate the decision to provide a public input to a group of firms designed to overcome the "free rider" problem is proposed. But the mechanism is not suitable for the case of large numbers of firms.

TL;DR: In this article, a model of equilibrium in an economy without distributional problems but with distortions is studied, and a formula is derived to compare the utility levels in neighbouring equilibria corresponding to slightly different distortion levels.

TL;DR: A survey of the Harberger model of tax incidence and its extensions, modifications, and applications can be found in this article, where the shortcomings of the Marshallian partial equilibrium incidence analysis and early efforts to overcome them are discussed.

TL;DR: In this paper, a lower bound on the welfare cost of the reallocation of capital and labor between the home and market induced by the current U.S. tax system was established.

TL;DR: In this paper, two non-distortionary systems are identified which are shown to be equivalent to a capital levy when the tax is introduced and a zero tax on profits, respectively.

TL;DR: In this article, a model of economic "clubs" where size is fixed and members consuming a public good raise the question of composition; with whom would they rather consume? This depends on the way collective consumption is financed, and three results are proven with a poll tax, clubs must be homogeneous in income for all to be satisfied.

TL;DR: In this paper, the importance of deferral and adjustment for inflation is discussed and compared with adjusting the basis of assets for inflation, and partial inclusion of gains is discussed. But the importance is not discussed.

TL;DR: In this article, the authors investigate the incidence of the corporation income tax in terms of a two-sector, general equilibrium model, where production decisions are made under uncertainty, and show that the Harberger result holds unambiguously under uncertainty only if the relative and absolute risk aversion of the corporations are non-increasing in profits.

TL;DR: In this article, a non-tâtonnement process is formulated, which yields a rule for adjusting an effluent charge of the Pigovian type from the level zero (at a laissez-faire equilibrium) up to a level that sustains an optimum.

TL;DR: In this paper, it was shown that the appropriate tax under uncertainty is equal to the expected value of the market distortion, which is the principal corollary of the central theorem of the paper.

TL;DR: In this paper, a monocentric model of urban space with production and residential areas identified is exercised to indicate the possible impacts of transportation investments on land rents, and the model is useful for identifying the distributional consequences of transportation investment, and has the potential of being used to identify optimal financing schemes.

TL;DR: In this paper, a mathematical programming model was used to calculate the prices per telephone call on each of three representative routes in each of four periods of the day which would be implied by a variety of alternative maximands (consumers' plus producers' surplus, profit, sales units, sales revenue).

TL;DR: The effects of a corporate profits tax on the choice of technique depends on the criterion used to make this choice as discussed by the authors, and the appropriate criterion depended on the assumptions made about the scope for entrepreneurial activity and its relation to capital.

TL;DR: In this article, a criterion for optimal use of forecasts of exogenous variables in a linear policy model with quadratic preferences is given, based on Johansen (1972) by calculating regressions of observed values with respect to raw forecast values used in the observation period, equations are established which can be used to transform raw forecasts into certainty equivalents.

TL;DR: In this article, the implications of detrimental externalities for the nonconvexity of the social production set are examined and a simple model, allowing for induced technical change, is developed to illustrate that the imposition of effluent changes can induce technological changes which serve to ameliorate these negative externalities.

TL;DR: In this paper, the consequences in rural India of a certain rational household decision function on the number of children born in the family when birth control opportunities are available are discussed, and the model is then used to predict how completed family size would change if a government agency paid bonuses for smaller families.