Public goods and income distribution /

Bibliographic Details
Main Author:	Yi, Chul Ho, 1954-
Other Authors:	Alderson, Michael J. (degree committee member.), Gronberg, Timothy J. (degree committee member.), Reynolds, Morgan O. (degree committee member.)
Format:	Thesis Book
Language:	English
Published:	1990.
Subjects:	Public goods. Income distribution. Welfare economics. Öffentliches Gut > Einkommensverteilung > Theorie. Major economics. Academic theses
Online Access:	ProQuest, Abstract Link to OAKTrust copy

Description
Abstract:	The methods of estimating the distribution of public good benefits among various individuals have long been of interest to both academic economists and government policy makers for the purpose of analyzing the impact of government budget on the distribution of income. This study provides a comparison of two theoretical methods, Aaron and McGuire's marginal valuation and Brennan's uniform pricing valuation of public good benefits. The comparison is based on the principle that income is to be taken as the best available indicator of individual welfare. This study shows that the marginal valuation procedure is more restrictive than the uniform pricing valuation procedure as a welfare index of consumption bundles.
Item Description:	Typescript (photocopy). Vita. "Major subject: Economics."
Physical Description:	viii, 122 leaves : illustrations ; 29 cm
Bibliography:	Includes bibliographical references.