المستودع الأكاديمي جامعة المدينة

Excludable and non-excludable public inputs : consequences for economic growth

أعرض تسجيلة المادة بشكل مبسط

dc.creator Ott, Ingrid
dc.creator Turnovsky, Stephen J.
dc.date 2005
dc.date.accessioned 2013-10-16T07:01:21Z
dc.date.available 2013-10-16T07:01:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18787
dc.identifier ppn:484735144
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18787
dc.description Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and the consequences this has in turn for the government?s budget. The latter consists of fee and tax revenues that are used to finance the entire public production input and that may or may not suffice to finance the entire public input, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government. Most of the analysis is conducted for general production functions consistent with endogenous growth, although the case of CES technology is also considered.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1423
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H40
dc.subject H21
dc.subject O40
dc.subject ddc:330
dc.subject excludable and non-excludable public goods
dc.subject congestion
dc.subject growth
dc.subject Öffentliches Gut
dc.subject Bottleneck
dc.subject Neue Wachstumstheorie
dc.subject Gebühr
dc.subject Optimale Besteuerung
dc.subject Infrastruktur
dc.subject Theorie
dc.title Excludable and non-excludable public inputs : consequences for economic growth
dc.type doc-type:workingPaper


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