Collective Choice and Voluntary Provision of ...
Richard Romano, Dennis Epple, ...
Collective Choice and Voluntary Provision of Public Goods by Richard Romano, Dennis Epple, National Bureau of Economic Research, Richard Romano, Dennis Epple, National Bureau of Economic Research
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Collective Choice and Voluntary Provision of Public Goods

Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the economy vote over an income tax that finances public supply of the good, and they vote on whether to permit private contributions. While permitting private contributions may lead to a reduction in total provision of the good, a majority always favors permitting private contributions. Results are developed for small and large economies, and the relevance of excludability and non-congestion are investigated. Comparative statics and computational analysis demonstrate properties of equilibrium.

Publish Date
Language
English
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Cover of: Collective Choice and Voluntary Provision of Public Goods
Collective Choice and Voluntary Provision of Public Goods
2000, National Bureau of Economic Research
electronic resource in English

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Edition Notes

July 2000.

Access restricted to subscribers.

Hardcopy version available to institutional subscribers.

System requirements: Adobe [Acrobat] Reader required for PDF files.

Mode of access: World Wide Web.

Published in
Cambridge, Mass
Series
NBER working paper series -- no. w7802, Working paper series (National Bureau of Economic Research) -- no. w7802

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[electronic resource]

Edition Identifiers

Open Library
OL62724595M

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Work ID
OL46190850W

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