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The public good nature of national parks

In: Public Sector Entrepreneurship

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Abstract

National parks have public good characteristics. A basic principle that underlies the economics of public goods is that the pricing of a pure public good is inefficient because a price would ration the use of the public good which is by its nature non-excludable. A case is presented why national parks, which having public good characteristics, is not a pure public good, and thus further pricing of the entrance to a national park is not inefficient.

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  • ., 2022. "The public good nature of national parks," Chapters, in: Public Sector Entrepreneurship, chapter 5, pages 49-52, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21442_5
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    Cited by:

    1. Wakeel, Muhammad & Hayat, Tasawer & Shah, Noor Samad & Iqbal, Jibran & Haq Khan, Zia Ul & Shah, Ghulam Mustafa & Rasool, Atta, 2023. "Biogas Energy Resources in Pakistan Status, Potential, and Barriers," Utilities Policy, Elsevier, vol. 84(C).

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