Public Supply of Private Goods
نویسندگان
چکیده
منابع مشابه
Do Government Subsidies Increase the Private Supply of Public Goods?
We study three different models in which public goods are supplied by private contributions. In one of these models, tax-financed government subsidies to private contributions will definitely increase the equilibrium supply of public goods. In the other two models, government subsidies are neutralized by offsetting changes in private contributions. We explain why it is that these models lead to...
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Standard economic analysis assumes the sets of public and private goods to be exogenously given. Yet societies very often choose the public-private mix, using resources to convert seemingly private goods into ones with public goods characteristics and vice versa. And, in practice, we see a bewilderingly large variety of public-private mixes across societies. This papers advances an analysis of ...
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This paper analyses the optimal tax policy and public provision of private goods when individuals di¤er in two respects: income-earning ability and rationality. Publicly provided goods should be overprovided or subsidised, relative to the decentralised optimum, if societys marginal valuation of them exceeds the individual valuation and if these goods help relax the self-selection constraints, ...
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Because non-industrial private forests (NIPFs) comprise over 60% of forestland, NIPF owners may substantially affect timber supply and ecosystem quality. A dynamic model shows that NIPF owners may maximize timber income despite receiving utility from nontimber goods. The model links landowners' behavior to ecosystem management by introducing the ecosystem as an alternative source of nontimber g...
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This paper deals with the concept of a semi-public good. These semi-public goods are characterized by the fact that their use is being supplemented by specific private goods. The consumption of this complementary private good is constrained by an individual quantity constraint for each individual agent. The quantity constraints depend on the level of the semi-public good. For instance, car driv...
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