International aspects of public goods provision
Working paper
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http://hdl.handle.net/11250/162920Utgivelsesdato
2002-02Metadata
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- Discussion papers (SAM) [647]
Sammendrag
This paper considers the extension of the theory of public consumption goods to an
international context with public goods whose benefits are global. In one version of the model
there are no restrictions on lump sum transfers within and between nations, and the
Samuelson conditions for welfare maximization then hold for the world as a whole. However,
in another version there are no income transfers between nations, and the conditions then have
to be modified. In particular, it is shown that global production efficiency is not in general
desirable in the absence of international transfers. Problems of national incentives and international implementation are also considered.
Utgiver
Norwegian School of Economics and Business Administration. Department of EconomicsSerie
Discussion paper2002:3