IDEAS home Printed from https://ideas.repec.org/a/sae/pubfin/v8y1980i1p3-22.html
   My bibliography  Save this article

The Case of Income Redistribution: a Theory of Government and Private Provision of Collective Goods

Author

Listed:
  • Susan Feigenbaum

    (Claremont Men's College)

Abstract

Private philanthropy has been viewed alternately as a substitute for and supple ment to government income redistribution activities. In either case, we might expect that changes in consumer preferences for giving would, ceteris paribus, shift the demand for both types of philanthropy simultaneously. Previous studies of each form of giving have typically concentrated on identifying the determinants of such giving within a single-equation model, ignoring the existence of an alternative institution for the provision of philanthropy How ever, as long as philanthropic preferences remain only partially captured by explanatory variables utilized to explain either form of giving, equations esti mated separately by ordinary least squares techniques will exhibit correlated disturbance terms Zellner has shown that a joint generalized least squares pro cedure will, in such a situation, generate a more efficient estimation than separate estimation of single-equation models for each form of phrlanthropy Therefore, the approach taken here is to analyze the two mechanisms for giving together, within the framework of a two-equation Zellner-Aitken system, uti lizing time-series data for the period 1929 to 1966.

Suggested Citation

  • Susan Feigenbaum, 1980. "The Case of Income Redistribution: a Theory of Government and Private Provision of Collective Goods," Public Finance Review, , vol. 8(1), pages 3-22, January.
    • Handle: RePEc:sae:pubfin:v:8:y:1980:i:1:p:3-22
    DOI: 10.1177/109114218000800101
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/109114218000800101
    Download Restriction: no
    File URL: https://libkey.io/10.1177/109114218000800101?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Frank G. Dickinson, 1970. "The Changing Position of Philanthropy in the American Economy," NBER Books, National Bureau of Economic Research, Inc, number dick70-1, May.
    2. Schwartz, Robert A, 1970. "Personal Philanthropic Contributions," Journal of Political Economy, University of Chicago Press, vol. 78(6), pages 1264-1291, Nov.-Dec..
    3. Berndt, Ernst R & Savin, N Eugene, 1977. "Conflict among Criteria for Testing Hypotheses in the Multivariate Linear Regression Model," Econometrica, Econometric Society, vol. 45(5), pages 1263-1277, July.
    4. Lester C. Thurow, 1971. "The Income Distribution as a Pure Public Good," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(2), pages 327-336.
    5. Mueller, Dennis C, 1976. "Public Choice: A Survey," Journal of Economic Literature, American Economic Association, vol. 14(2), pages 395-433, June.
    6. Durbin, J, 1970. "Testing for Serial Correlation in Least-Squares Regression When Some of the Regressors are Lagged Dependent Variables," Econometrica, Econometric Society, vol. 38(3), pages 410-421, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Benedetto GUI, 1987. "PRODUCTIVE PRIVATE NONPROFIT ORGANIZATIONS: A conceptual framework," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 58(4), pages 415-434, October.
    2. Backus, Peter, 2010. "Is charity a homogeneous good?," Economic Research Papers 270773, University of Warwick - Department of Economics.
    3. Backus, Peter, 2010. "Is charity a homogeneous good?," The Warwick Economics Research Paper Series (TWERPS) 951, University of Warwick, Department of Economics.
    4. Anne E. Winkler, 1998. "State Experimentation With Time-Limited AFDC Benefits: What Differentiates Reform-Minded States From Others?," Public Finance Review, , vol. 26(2), pages 155-183, March.
    5. Arthur Diamond, 2006. "The relative success of private funders and government funders in funding important science," European Journal of Law and Economics, Springer, vol. 21(2), pages 149-161, April.
    6. J R Wolch & R K Geiger, 1983. "The Distribution of Urban Voluntary Resources: An Exploratory Analysis," Environment and Planning A, , vol. 15(8), pages 1067-1082, August.
    7. Arthur M. Diamond, 1999. "Does Federal Funding “Crowd In” Private Funding Of Science?," Contemporary Economic Policy, Western Economic Association International, vol. 17(4), pages 423-431, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adrian C. Darnell, 1994. "A Dictionary Of Econometrics," Books, Edward Elgar Publishing, number 118.
    2. Rossana, Robert J., 1988. "Interrelated Demands for Buffer Stocks and Productive Inputs: Estimates for Two-Digit Manufacturing Industries," Department of Economics and Business - Archive 259428, North Carolina State University, Department of Economics.
    3. Corneo, Giacomo & Fong, Christina M., 2008. "What's the monetary value of distributive justice," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 289-308, February.
    4. Bernard, Jean-Thomas & Idoudi, Nadhem & Khalaf, Lynda & Yelou, Clement, 2007. "Finite sample multivariate structural change tests with application to energy demand models," Journal of Econometrics, Elsevier, vol. 141(2), pages 1219-1244, December.
    5. Bettina Becker & Martin Theuringer, 2000. "Macroeconomic Determinants of Contingent Protection: The Case of the European Union," IWP Discussion Paper Series 02/2000, Institute for Economic Policy, Cologne, Germany.
    6. Jean-Bernard Chatelain & Kirsten Ralf, 2017. "Can We Identify the Fed's Preferences?," Working Papers halshs-01549908, HAL.
    7. repec:wyi:journl:002087 is not listed on IDEAS
    8. Fredrik Carlsson & Dinky Daruvala & Olof Johansson‐Stenman, 2005. "Are People Inequality‐Averse, or Just Risk‐Averse?," Economica, London School of Economics and Political Science, vol. 72(287), pages 375-396, August.
    9. Mishkin, Frederic S, 1982. "Does Anticipated Monetary Policy Matter? An Econometric Investigation," Journal of Political Economy, University of Chicago Press, vol. 90(1), pages 22-51, February.
    10. Støstad, Morten Nyborg & Cowell, Frank, 2024. "Inequality as an externality: Consequences for tax design," Journal of Public Economics, Elsevier, vol. 235(C).
    11. Hong, Yan-Zhen & Su, Yi-Ju & Chang, Hung-Hao, 2023. "Analyzing the relationship between income and life satisfaction of Forest farm households - a behavioral economics approach," Forest Policy and Economics, Elsevier, vol. 148(C).
    12. repec:cte:wsrepe:10721 is not listed on IDEAS
    13. M. N. Bhattacharyya & A. P. Andersen, 1976. "A Post-Sample Diagnostic Test for a Time Services Model," Australian Journal of Management, Australian School of Business, vol. 1(1), pages 33-56, April.
    14. McCracken,M.W. & West,K.D., 2001. "Inference about predictive ability," Working papers 14, Wisconsin Madison - Social Systems.
    15. Dhruv Rawat & Sujay Patni & Ram Mehta, 2021. "Stock prices and Macroeconomic indicators: Investigating a correlation in Indian context," Papers 2112.08071, arXiv.org, revised Feb 2022.
    16. Dennis Mueller, 1998. "Constitutional Constraints on Governments in a Global Economy," Constitutional Political Economy, Springer, vol. 9(3), pages 171-186, September.
    17. Russell Smyth & Xiaolei Qian, 2008. "Inequality and Happiness in Urban China," Economics Bulletin, AccessEcon, vol. 4(24), pages 1-10.
    18. Robert Fluri, 1979. "Konjunkturdiagnose und Prognose in der Schweiz: Die Verwendung qualitativer Informationen: Konjunkturtest," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 115(III), pages 301-322, September.
    19. Unknown, 2013. "Journal of International Agricultural Trade and Development, Volume 09, Number 1, 2013," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 9(01), pages 140-140.
    20. Earl Brubaker, 1977. "A two-stage hybrid mechanism for collective choice," Public Choice, Springer, vol. 32(1), pages 101-111, December.
    21. Davidson, Russell & MacKinnon, James G, 1984. "Model Specification Tests Based on Artificial Linear Regressions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(2), pages 485-502, June.
    22. Christian Morrisson & Philippe Cazenave, 1973. "Fonctions d'utilité interdépendantes et théorie de la redistribution en économie de production," Revue Économique, Programme National Persée, vol. 24(5), pages 725-760.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:8:y:1980:i:1:p:3-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.