Modern Public Economics

ISBN-13: 9780415460101 / Angielski / Twarda / 2009 / 624 str.

Raghbendra Jha

Opis

In recent times not only have traditional areas of public economics such as taxation, public expenditure, public sector pricing, benefit cost analysis, and fiscal federalism thrown up new challenges but entirely new areas of research and inquiry have emerged. This second edition builds upon the strengths of the previous edition and incorporates results of research on new areas such as global public goods, environmental taxation and carbon permits trading and the complexities of corporate taxation in a rapidly globalizing world. The book is a modern and comprehensive exposition of public economics. It includes extended discussions on topics of particular interest to developing countries and covers subjects such as:

• taxation in an economy with a large informal sector
• the challenges of using VAT
• the use of randomized evaluation
• theory of public expenditure and public goods including global public goods
• incentive effects of taxation and tax incidence

This book discusses the major traditional areas of taxation and public expenditure as well as emerging issues relating to public economics in the globalized world economy. It will be useful as a reference and update on the modern literature on public economics for professional economists and policymakers, as well as providing invaluable information as a basic text for undergraduate and graduate students in public economics.

The first edition of Raghbendra Jha’s public economics textbook was the first on the market to properly take into account issues of global concern, and hence became popular in a wide range of countries.

Its examination of issues in a cross-border context such as fiscal federalism and the comparison of the public sector across countries was a unique hallmark. It was also, without doubt, the best text on the market in its clear examination of taxation as a concept and in the way it is applied.

This new edition of the text builds on the strength of the previous edition by increasing the international coverage, introducing a new chapter on global public goods, and highlighting the highly important issue that is environmental taxation. The text is also accompanied by a new website with problem sets and exercises as well as a more applied focus within the text itself.

Spis treści

Part 1: Welfare Economics  1. A Quick Primer on Consumer Demand  2. Perfect Competition and Pareto Optimality  3. Forms of the Social Welfare Function  4. Arrow's General Possibility and Other Impossibility Theorems Part 2: The Theory of Public Expenditure  4. External Effects and the Market Mechanism  5. The Theory of Pure Public Goods  6. Topics in the Theory of Public Goods Part 3: The Theory of Taxation  7. The Effects of Taxes on Savings  8. Taxation and Labor Supply  9. The Effects of Taxes on Investment Behavior  10. Taxation and Risk-Taking  11. The Theory of Tax Incidence  12. Tax Incidence in Dynamic Models  13. Some Results in Commodity Taxation  14. Aspects of Income Taxation  15. Topics in the Theory of Taxation  16. Tax Reform Part 4: Applied Problems in Public Economics  17. Pricing in the Public Sector  18. International Aspects of Taxation  19. International Issues  20. Global Public Goods  21. Cost Benefit Analysis  22. Environmental Taxation Part 5: Fiscal Federalism  23. Issues in Fiscal Federalism  24. Grants and Taxes in Federal Countries

O autorze

Raghbendra Jha is Rajiv Gandhi Chair Professor of Economics and Executive Director of Australia South Asia Research Centre, Australian National University.