A Pervasive Economic Fallacy in Assessing the Cost of Public Funds
In the assessment of the cost of public funds, there is a pervasive economic fallacy that is frequently repeated in public policy circles: because the cost of borrowing is higher for a private-sector firm than it is for a public-sector firm, the cost of carrying out an activity (investment, producti...
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| Format: | Article |
| Language: | English |
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University of Toronto Press
2022
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| Online Access: | View Fulltext in Publisher |