1979 Articles

Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size

Arnott, Richard J.; Stiglitz, Joseph E.

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.