Diamond–Mirrlees production efficiency theorem
GPTKB entity
Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:appliesTo |
optimal taxation
public production |
| gptkbp:author |
gptkb:James_Mirrlees
gptkb:Peter_A._Diamond |
| gptkbp:field |
public economics
|
| gptkbp:hasConcept |
Even with distortionary taxation, production should be efficient if lump-sum taxes are not available
|
| https://www.w3.org/2000/01/rdf-schema#label |
Diamond–Mirrlees production efficiency theorem
|
| gptkbp:influenced |
theory of optimal taxation
|
| gptkbp:namedAfter |
gptkb:James_Mirrlees
gptkb:Peter_A._Diamond |
| gptkbp:publicationYear |
1971
|
| gptkbp:publishedIn |
gptkb:Review_of_Economic_Studies
|
| gptkbp:relatedConcept |
gptkb:second-best_theory
taxation efficiency |
| gptkbp:sentence |
Production efficiency is optimal in second-best taxation problems under certain conditions
|
| gptkbp:bfsParent |
gptkb:Peter_Arthur_Diamond
|
| gptkbp:bfsLayer |
6
|