Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size
Richard J. Arnott, Joseph E. Stiglitz
The Quarterly Journal of Economics · 1979 · Volume 93 · Issue 4
Abstract
I. An example, 473.—II. The generality of the Henry George Theorem, 477.—III. On using land rents as a measure of the benefits from public goods, 490.—IV. Competitive attainability of a Pareto optimal distribution of economic activity, 496.—V. Concluding comments, 498.
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