Arbeitspapier

A General Equilibrium Model of Regional Public Goods and Optimizing Subsidies

The present paper follows the neoclassical tradition of private goods general equilibrium theory and integrates public goods into a simple equilibrium model. In doing so, no attempt is made to construct a behavioural theory of government to explain the articulation of individual demand for public goods. In what follows, it is assumed that private and public goods are provided by a set of governments and private firms whose market behaviour replicates the long-run equilibrium behaviour of perfectly competitive industries. The paper will use a general equilibrium model to examine the effects of a federal subsidy to a provincial government, which produces a single public good for a province whose population is endogenously determined.

Sprache
Englisch

Erschienen in
Series: Queen's Economics Department Working Paper ; No. 60

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Vardy, David A.
Ereignis
Veröffentlichung
(wer)
Queen's University, Department of Economics
(wo)
Kingston (Ontario)
(wann)
1971

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Vardy, David A.
  • Queen's University, Department of Economics

Entstanden

  • 1971

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