Sandford Economics of Public Finance

An Economic Analysis of Government Expenditure and Revenue in the United Kingdom
3. Auflage 2015
ISBN: 978-1-4832-9714-9
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 392 Seiten, Web PDF

The latest edition of this valuable book updates all previous material and incorporates much new material. It includes a consideration of the problems of and methods for controlling public spending, the relative merits of income tax and a direct expenditure tax, the changes required in the income tax unit, the petroleum revenue tax, the compliance costs of VAT and other new developments which have occurred since the second edition was published in 1978.

Autoren/Hrsg.

Sandford, C. T.

Inhaltsverzeichnis

1;Front Cover;1
2;Economics of Public Finance;4
3;Copyright Page;5
4;Table of Contents;8
5;Preface and Acknowledgements to Third Edition;6
6;Introduction;10
7;CHAPTER 1. The Economic Role of Government;16
7.1;The Price System;17
7.2;Deficiencies and Alleged Deficiencies of the Price System;22
7.3;State Intervention in the Economy;29
8;CHAPTER 2. The Growth of Public Expenditure;35
8.1;Measuring Government Expenditure;35
8.2;Changes in the Content of Expenditure;44
8.3;Theories of Government Expenditure;48
8.4;Reasons for Growth in Government Spending;54
9;CHAPTER 3. Control of Government Expenditure;60
9.1;The Problem;60
9.2;Traditional Methods of Control;63
9.3;Plowden and After;64
9.4;Executive Control at Macro-Level: P.E.S.C.;65
9.5;Executive Control-Programmes and Projects;71
9.6;Cost-Benefit Analysis;72
9.7;P.P.B.S.;78
9.8;Parliamentary Control;81
9.9;Assessment of Developments Since Plowden;90
10;CHAPTER 4. Economic Aspects of Government Expenditure;94
10.1;Defence;96
10.2;The National Debt;99
10.3;Education;102
10.4;Health Expenditures;111
10.5;CHAPTER 5. Taxation—Principles, Classification and Analysis;118
10.6;Purposes and Principles;118
10.7;Tax Classification;124
10.8;Tax Analysis;127
11;CHAPTER 6. Taxation of Personal Income;130
11.1;The Tax Base;130
11.2;Personal Income Tax in the United Kingdom;143
11.3;The Effective Incidence of Income Tax;151
12;CHAPTER 7. Taxation of Business Income;170
12.1;Taxation of Corporate Income;170
12.2;Capital Allowances and Stock Relief;179
12.3;Taxation of North Sea Oil and Gas;182
13;CHAPTER 8. Outlay Taxation;186
13.1;Outlay Taxes on Consumers' Goods;186
13.2;Outlay Taxes on Factors of Production;194
13.3;U.K. Outlay Taxes;196
13.4;Comparison of Income and Outlay Taxes;211
14;CHAPTER 9. Taxation of Capital or Wealth;218
14.1;Meaning and Forms of Capital Taxation;218
14.2;Wealth Tax;221
14.3;Capital Gains Tax;230
14.4;Death Duties;236
14.5;Death Duties in the United Kingdom;244
15;CHAPTER 10. Local Government Expenditure and Income;254
15.1;Why Local Government?;254
15.2;Local Government Expenditure;257
15.3;Local Government Revenue;261
15.4;Grants-in-Aid;261
15.5;Local Rates;267
15.6;Reform of Local Government Finance;274
16;CHAPTER 11. Taxation, Public Expenditure and The Distribution of Personal Income and Wealth;281
16.1;Income Distribution and the Effect of Taxes and Benefits;281
16.2;The Distribution of Wealth;296
16.3;Twentieth-Century Changes in the Distribution of Wealth;302
17;CHAPTER 12. Regulation of the Economy Through Budgetary Policy;306
17.1;Keynesian Employment Theory;307
17.2;Methods of Budgetary Policy;316
17.3;Assessment of Budgetary Policy in U.K.;321
18;CHAPTER 13. Inflation and Taxation;336
18.1;Personal Income Tax and Capital Taxes;336
18.2;Taxes on Outlay or Expenditure;340
18.3;Taxes on Business Income;341
18.4;Policy on Inflation-Proofing;343
19;CHAPTER 14. International Perspective and the European Economic Community;347
19.1;International Comparisons of Taxation;348
19.2;Harmonisation in the European Economic Community;350
20;CHAPTER 15. Reappraisal and Reform;357
20.1;How Much Government Expenditure?;357
20.2;Tax Reform;361
20.3;Alternative Approaches to Welfare Expenditure;368
20.4;Reforming Policy-making Procedures;377
20.5;Ends and Means;379
21;Selected Bibliography;381
21.1;Official Publications;383
22;Index;386