Charging for Public Sector Outputs

  • Stephen J. Bailey
Part of the Macmillan Texts in Economics book series (TE)


Chapter 5 began by noting that the public sector borrowing requirement is the difference between net public expenditure and taxation. Gross spending is greater than net spending by the amount of income from sales, fees and charges. The term ‘charge’ refers to all of these payments.


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Further reading

  1. Bailey, S. J., Falconer, P. and McChlery, S. (1993) Local Government Charges: Policy and Practice (Harlow: Longman).Google Scholar

Copyright information

© Stephen J. Bailey 1995

Authors and Affiliations

  • Stephen J. Bailey
    • 1
  1. 1.Department of EconomicsGlasgow Caledonian UniversityUK

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