Specialization and Trade: the Perspective of Club and Local Public Good Theories

D Pines

Working Papers from Tel Aviv

Abstract: This paper suggests a unified framework for explaining the potential Pareto superiority of a heterogeneous club (jurisdiction) structure over a homogeneous one when there are multiple private goods.

Keywords: PUBLIC; GOODS (search for similar items in EconPapers)
JEL-codes: H4 (search for similar items in EconPapers)
Pages: 38 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:2-97

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