SOME PROPERTIES OF EGALITARIAN ECONOMIES

成果类型:
Article
署名作者:
KEMP, MC; VANLONG, N
署名单位:
McGill University; Australian National University
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/0047-2727(92)90075-Q
发表日期:
1992
页码:
383-387
关键词:
摘要:
It is argued that in strictly egalitarian economies, there is an equilibrium in which social well-being is maximized and that this is so whatever the nature of returns to scale and whether or not the economy is characterized by elements of monopoly, externalities of consumption or production, commodity taxes or subsidies, or the private provision of public goods. As a corollary, the implications of distortions and increasing returns can be effectively studied only in a context of inequality.
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