VOLUNTARY CONTRIBUTIONS TO A PUBLIC GOOD: NON‐NEUTRALITY RESULTS

Ngo Long and Koji Shimomura

Pacific Economic Review, 2007, vol. 12, issue 2, 153-170

Abstract: Abstract. We show that the well‐known neutrality theorem (that a small redistribution of wealth does not affect the aggregate private provision of a public good) no longer holds if agents take into account the effect of their individual supply of the public good on the relative price of private goods.

Date: 2007
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https://doi.org/10.1111/j.1468-0106.2007.00348.x

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Working Paper: Voluntary Contributions to a Public Good: Non-neutrality Results (2006)
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