Should governments stop subsidies to private goods? Evidence from rural Latin America ☆

Should governments stop subsidies to private goods? Evidence from rural Latin America ☆
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DOI:
10.1016/j.jpubeco.2006.10.004
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发表时间:
2007-06
影响因子:
9.8
通讯作者:
Ramón López;Gregmar I. Galinato
Ramón López;Gregmar I. Galinato
中科院分区:
经济学1区
文献类型:
--
作者:
Ramón López;Gregmar I. Galinato

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本文实证研究了补贴私人物品对政府公共物品供给的影响。我们使用一个新的数据集,从农村部门在15个拉丁美洲国家在1985年至2001年期间收集使用的方法,使我们能够分开政府补贴私人产品的支出提供公共产品。计量经济学证据表明,政府补贴私人或公共产品的决定对经济发展有着巨大的影响。在其他条件不变的情况下,减少政府预算中对私人货物的补贴份额(或相当于增加公共货物的份额),对农村人均收入产生了巨大而显著的积极影响,减少了与产出扩大有关的某些不良环境影响,并有助于减贫。
This paper empirically documents the effects of subsidizing private goods to the detriment of the government's supply of public goods. We use a new data set from the rural sector in fifteen Latin American countries over the period 1985–2001 collected using a methodology that allows us to separate government subsidies to private goods from expenditures in the provision of public goods. The econometric evidence shows that the government's decision to subsidize either private or public goods has dramatic consequences for economic development. Reducing the share of subsidies to private goods (or, equivalently, increasing the share of public goods) in the government's budget has, ceteris paribus, a large and significant positive impact on rural per capita income, reduces certain undesirable environmental effects associated with output expansion, and contributes to poverty reduction.