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INFRASTRUCTURE: OPTIMAL PRIVATE AND GOVERNMENTAL FUNDING AND PROVISION
Article first published online: 28 JUN 2008
DOI: 10.1111/j.1468-0270.2005.00533.x
1468-0270/asset/cover.gif?v=1&s=f8938ea7ddcda0813b2cd3b49c26f62050800541 "Economic Affairs")
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How to Cite
Foldvary, F. E. (2005), INFRASTRUCTURE: OPTIMAL PRIVATE AND GOVERNMENTAL FUNDING AND PROVISION. Economic Affairs, 25: 25–30. doi: 10.1111/j.1468-0270.2005.00533.x
Publication History
- Issue published online: 28 JUN 2008
- Article first published online: 28 JUN 2008
- Abstract
- References
- Cited By
The excess burden of taxation, which in the US is over $1 trillion, could be reduced by transferring responsibility for funding infrastructure to the private sector, with a corresponding cut in taxes. While governments may resist optimal taxation, private communities are induced to do so by competition. A promising approach to efficient funding of civic infrastructure is its transfer to private enterprise