G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9772
DP9772 Baumol?s cost disease and the sustainability of the welfare state
Torben M Andersen; Claus Thustrup Kreiner
发表日期2013-12-01
出版年2013
语种英语
摘要If productivity increases more slowly for services than for manufactured goods, then services suffer from Baumol?s cost disease and tend to become relatively more costly over time. Since the welfare state in all countries is an important supplier of tax financed services, this translates into a financial pressure which seems to leave policymakers with a trilemma; increase taxes (and hence tax distortions), cut spending or redistribute less. Under the assumptions underlying Baumol?s cost disease, we show that these dismal implications are not warranted. The welfare state is sustainable and Baumol growth leaves scope for Pareto improvements.
主题Public Economics
关键词Welfare state sustainability Publicly provided goods Redistribution Tax distortions
URLhttps://cepr.org/publications/dp9772
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538608
推荐引用方式
GB/T 7714
Torben M Andersen,Claus Thustrup Kreiner. DP9772 Baumol?s cost disease and the sustainability of the welfare state. 2013.
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