EconPapers    
Economics at your fingertips  
 

Inequality, Market Imperfections, and Collective Action Problems

Pranab Bardhan and Maitreesh Ghatak ()
Authors registered in the RePEc Author Service: Alexander K. Karaivanov ()

Public Economics from University Library of Munich, Germany

Abstract: In this paper we analyze the effects of wealth inequality on the provision of public goods and management of common-property resources (CPR) when there are market imperfections in inputs that are complementary in production to the collective good. We show that for public goods inequality impedes efficiency, while for use of CPRs there is an inverse U-shaped relationship between inequality and efficiency. We discuss the implications of these theoretical results for redistributive policies such as land reform.

JEL-codes: D63 D71 H41 O12 O13 (search for similar items in EconPapers)
Date: 2000-04-04
Note: 25 pages Adobe.pdf
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/pe/papers/0004/0004001.pdf (application/pdf)

Related works:
Working Paper: Inequality, Market Imperfections, and Collective Action Problems (1999) Downloads
Working Paper: Inequality, Market Imperfections, and Collective Action Problems (1999) Downloads
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:wpa:wuwppe:0004001

Access Statistics for this paper

More papers in Public Economics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().

 
Page updated 2019-06-15
Handle: RePEc:wpa:wuwppe:0004001