MONOPOLISTIC COMPETITION, GROWTH AND PUBLIC GOOD PROVISION

成果类型:
Article
署名作者:
Pecorino, Paul
署名单位:
University of Alabama System; University of Alabama Tuscaloosa
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1111/j.1468-0297.2008.02214.x
发表日期:
2009
页码:
298-307
关键词:
impure altruism
摘要:
In the standard model, provision of a pure public good is increasing in group size if it is a normal good. I develop a model of public good provision in which private goods are supplied in a monopolistically competitive market. In this model, group size corresponds to population. I find that increases in population lead to reduced public good provision. The reason is quite simple: as population increases, the number of private goods available for consumption also increases. This raises the marginal utility of income and increases the opportunity cost of contributing to the public good.
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