PubData Leuphana Repository: Excludable and Non-excludable Public Inputs: Consequences for Economic Growth

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Ressourcentyp	Arbeitspapier
Titel	Excludable and Non-excludable Public Inputs: Consequences for Economic Growth
DOI	10.48548/pubdata-1182
Handle	20.500.14123/1245
Autor*in	Ott, Ingrid 136759203 Turnovsky, Stephen J.
Abstract	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.
Sprache	Englisch
Schlagwörter	Public Good; Congestion; Growth; Öffentliches Gut; Übervölkerung; Bevölkerung; Wachstum
Jahr der Veröffentlichung in PubData	2005
Art der Veröffentlichung	Erstveröffentlichung
Publikationsversion	Veröffentlichte Version
Datum der Erstveröffentlichung	2005-07-06
Entstehungskontext	Forschung
Veröffentlicht durch	Medien- und Informationszentrum, Leuphana Universität Lüneburg
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