The taking of land: market value compensation should be paid
成果类型：
Article
署名作者：
Nosal, E
署名单位：
Federal Reserve System - USA; Federal Reserve Bank - Cleveland; University of Waterloo
刊物名称：
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN：
0047-2727
DOI：
10.1016/S0047-2727(00)00146-8
发表日期：
2001
页码：
431-443
关键词：
摘要：
In most jurisdictions in the world, governments are allowed to expropriate private property. But a government's expropriation decision may be personally motivated and not in society's best interest. I propose a very simple tax and compensation scheme that implements the socially optimal allocation when the government behaves in such a manner. An implication of my tax and compensation policy is that an individual who has his property expropriated will receive its full market value as compensation. (C) 2001 Elsevier Science BY All rights reserved.
来源URL：