Johansson, Per-Olov (Stockholm School of Economics), Kristrom, Bengt (SLU-Umea)
Description
This Element introduces the concept of the marginal cost of public funds (MCPF), sketches its history, and discusses a number of applications. It does this by undertaking economic evaluations of public sector projects involving a pure public good. This title is also available as Open Access on Cambridge Core.
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