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http://ssrn.com/abstract=880249
 
 

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The Cost of Government and the Misuse of Public Assets


Vito Tanzi


International Monetary Fund (IMF); National Bureau of Economic Research (NBER)

Tej Prakash


International Monetary Fund (IMF)

November 2000

IMF Working Paper No. 00/180

Abstract:     
This paper deals with efficiency in the public sector. It argues that the habit of relating efficiency to public spending, as is generally done, may give wrong results when, as is often the case, public institutions use public assets (land, buildings, etc.) without imputing a cost for that use. The paper argues that, because of lack of incentives, governments are often wasteful in their use of publicly held assets. It recommends the creation of cadastres of publicly owned assets that could be used for several purposes including increasing public sector efficiency.

Number of Pages in PDF File: 21

Keywords: public assets capital charges efficiency in government budget cadastres of public assets

JEL Classification: H5 H61 H82 H29

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Date posted: February 3, 2006  

Suggested Citation

Tanzi, Vito and Prakash, Tej, The Cost of Government and the Misuse of Public Assets (November 2000). IMF Working Paper, Vol. , pp. 1-21, 2000. Available at SSRN: http://ssrn.com/abstract=880249

Contact Information

Vito Tanzi (Contact Author)
International Monetary Fund (IMF) ( email )
700 19th Street NW
Tax Policy Division Fiscal Affairs Department
Washington, DC 20431
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Tej Prakash
International Monetary Fund (IMF) ( email )
700 19th Street NW
Washington, DC 20431
United States
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