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| Title: | Public Infrastructure, Congestion, and Fiscal Policy |
| Authors: | Bennett, J
Lawlor, P |
| Publication Date: | 2002 |
| Publisher: | Brunel University |
| Citation: | Economics and Finance Working papers, Brunel University, 02-01 |
| Abstract: | A macro model is developed incorporating the productive e®ects of public
expenditure, but also allowing for congestion. The Pigouvian tax rate to
correct for the distortion caused by congestion is found and the optimal level
of public expenditure is characterized. |
| URI: | http://bura.brunel.ac.uk/handle/2438/871 |
| Appears in Collections: | School of Social Sciences Research Papers
Economics and Finance
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