A Comment on the Role of Prices for Excludable Public Goods

Gilbert Metcalf and Jongsang Park

No 524, Discussion Papers Series, Department of Economics, Tufts University from Department of Economics, Tufts University

Abstract: Blomquist and Christensen (2005) argue that welfare is initially decreasing in the price of an excludable public good and that the case for a positive public good price is weak. We argue that this result follows from their particular characterization of the public good and that a more reasonable characterization overturns their result. Hence the policy case for a positive price on the public good is stronger than Blomquist and Christiansen suggest. We also provide a more flexible characterization of public goods that nests a wide variety of public goods models.

Keywords: public goods; optimal second-best taxation (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-pbe and nep-pub
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://ase.tufts.edu/econ/papers/200524.pdf (application/pdf)

Related works:
Journal Article: A comment on the role of prices for excludable public goods (2007)
Working Paper: A Comment on The Role of Prices for Excludable Public Goods (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tuf:tuftec:0524

Access Statistics for this paper

More papers in Discussion Papers Series, Department of Economics, Tufts University from Department of Economics, Tufts University Medford, MA 02155, USA.
Bibliographic data for series maintained by Marcus Weir ( this e-mail address is bad, please contact ).