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

Please use this identifier to cite or link to this item: https://doi.org/10.48548/pubdata-1182

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Field	Value
Resource type	Working Paper
Title(s)	Excludable and Non-excludable Public Inputs: Consequences for Economic Growth
DOI	10.48548/pubdata-1182
Handle	20.500.14123/1245
Creator	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.
Language	English
Keywords	Public Good; Congestion; Growth; Öffentliches Gut; Übervölkerung; Bevölkerung; Wachstum
DDC	330 :: Wirtschaft
Year of publication in PubData	2005
Publishing type	First publication
Publication version	Published version
Date issued	2005-07-06
Creation context	Research
Faculty / department	Frühere Fachbereiche
Series title and number	Working paper series in economics 2
Alternative Idenfier(s)	urn:nbn:de:gbv:luen4-opus-3077
Date of Availability	2024-08-23T07:46:12Z
Archiving Facility	Medien- und Informationszentrum (Leuphana Universität Lüneburg 02w2y2t16)
Published by	Medien- und Informationszentrum, Leuphana Universität Lüneburg