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Pareto‐Efficiency and the Provision of Public Goods Within a Rural Setting
Author(s) -
C.DELLER STEVEN
Publication year - 1990
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/j.1468-2257.1990.tb00508.x
Subject(s) - public good , pareto principle , pareto efficiency , economics , public economics , pareto optimal , sample (material) , microeconomics , test (biology) , local property , operations management , multi objective optimization , mathematics , mathematical optimization , paleontology , chemistry , chromatography , biology , pure mathematics
The ability of small rural governments to provide local public goods in a Pareto‐efficient manner is examined. A test developed by Brueckner (1982) is used to examine the efficiency of a sample of town governments in rural Maine. The empirical results suggest that local property values are maximized, which implies that local public goods are provided in a Pareto‐efficient manner.