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Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the...
Persistent link: https://www.econbiz.de/10002746082
Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the...
Persistent link: https://www.econbiz.de/10003317052
Persistent link: https://www.econbiz.de/10003650568
Persistent link: https://www.econbiz.de/10003650570
Persistent link: https://www.econbiz.de/10003652466
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