SURPLUS FROM PUBLICNESS IN CONSUMPTION AND ITS EQUITABLE DISTRIBUTION
成果类型:
Article
署名作者:
OTSUKI, M
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/0047-2727(92)90007-3
发表日期:
1992
页码:
107-124
关键词:
摘要:
The application of distributive equity has been confined to the allocation of private goods. This paper extends this application to economics with public goods. After the surplus accruing from publicness in consumption of public goods is defined and quantified, we show: (1) There exists an efficient allocation such that the surplus from publicness as well as all of the resources available are equitably distributed. (2) The surplus from publicness fails to be equitably distributed in Lindahl equilibria and in the core, even if the economy starts from an equal distribution of endowments. (3) A certain income redistribution policy should be undertaken to equitably distribute the surplus from publicness.
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