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.
- Language
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Englisch
- Bibliographic citation
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Series: Queen's Economics Department Working Paper ; No. 60
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Vardy, David A.
- Event
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Veröffentlichung
- (who)
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Queen's University, Department of Economics
- (where)
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Kingston (Ontario)
- (when)
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1971
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Vardy, David A.
- Queen's University, Department of Economics
Time of origin
- 1971
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