Pareto improving interventions in a general equilibrium model with private provision of public goods
Pareto improving interventions in a general equilibrium model with private provision of public goods
复制标题
帕累托改善私人提供公共物品的一般均衡模型的干预
DOI:
10.2139/ssrn.637662
复制
发表时间:
2004
影响因子:
0.7
通讯作者:
Ünal Zenginobuz
中科院分区:
文献类型:
--
作者:
Antonio Villanacci;Ünal Zenginobuz
Most of the literature on government intervention in models of voluntary public goods supply focuses on interventions that increase the total level of a public good, which is considered to be typically underprovided. However, an intervention that is successful in increasing the public good level need not benefit everyone. In this paper we take a direct approach to welfare properties of voluntary provision equilibria in a full blown general equilibrium model with public goods and study interventions that have the goal of Pareto improving on the voluntary provision outcome. Towards this end, we study a model with many private goods and non-linear production technology for the public good, and hence allow for relative price effects to serve as a powerful channel of intervention. In this setup we show that Pareto improving interventions generally do exist. In particular, direct government provision financed by “small” , or “local” , lump-sum taxes can be used generically to Pareto improve upon the voluntary provision outcome.
影响因子:
3.2
作者:
ANDREONI, J
通讯作者:
ANDREONI, J