Multinational public goods provision under multilateral income transfers and productivity differences

Tatsuyoshi Miyakoshi and Laixun Zhao

Applied Economics, 2017, vol. 49, issue 57, 5771-5779

Abstract: This article examines multinational public goods provision under multilateral income transfers and productivity differences across countries. Under a planner who uses linear approximation for utility maximization, we show that (1) a country is an income receiver if it has a higher productivity than the average in producing public goods, enabling it to provide more public goods; (2) the amount of transfers can be pinned down for all countries with an adjustment cost; (3) each country obtains an identical utility increment; and (4) the country with the lowest adjustment cost is the best candidate for the planner country. All results are derived based on well-known information regarding the cost of producing the public goods and income levels.

Date: 2017
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DOI: 10.1080/00036846.2017.1340580

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