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Static and dynamic (in)efficiency in public goods provision

Author

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  • Cerniglia, Floriana
  • Longaretti, Riccarda

Abstract

We analyze, with a methodological focus, in which cases and under which hypotheses, the dispersion of the distribution of individual demands affects the provision of public goods. We derive implications in terms of static and dynamic (in)efficiency.

Suggested Citation

  • Cerniglia, Floriana & Longaretti, Riccarda, 2015. "Static and dynamic (in)efficiency in public goods provision," Economics Letters, Elsevier, vol. 135(C), pages 104-107.
    • Handle: RePEc:eee:ecolet:v:135:y:2015:i:c:p:104-107
    DOI: 10.1016/j.econlet.2015.08.001
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    References listed on IDEAS

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    1. Rubinfeld, Daniel L., 1987. "The economics of the local public sector," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 2, chapter 11, pages 571-645, Elsevier.
    2. Canton, Erik & de Jong, Frank, 2005. "The demand for higher education in The Netherlands, 1950-1999," Economics of Education Review, Elsevier, vol. 24(6), pages 651-663, December.
    3. Epple, Dennis & Romano, Richard E., 1996. "Ends against the middle: Determining public service provision when there are private alternatives," Journal of Public Economics, Elsevier, vol. 62(3), pages 297-325, November.
    4. Sean Corcoran & William N. Evans, 2010. "Income Inequality, the Median Voter, and the Support for Public Education," NBER Working Papers 16097, National Bureau of Economic Research, Inc.
    5. Glomm, Gerhard & Ravikumar, B, 1992. "Public versus Private Investment in Human Capital Endogenous Growth and Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 818-834, August.
    6. Niloy Bose & M. Emranul Haque & Denise R. Osborn, 2007. "Public Expenditure And Economic Growth: A Disaggregated Analysis For Developing Countries," Manchester School, University of Manchester, vol. 75(5), pages 533-556, September.
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    More about this item

    Keywords

    Public goods; Heterogeneous agents; Economic growth;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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