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dc.contributor.authorOtt, Ingriden_US
dc.contributor.authorTurnovsky, Stephen J.en_US
dc.date.accessioned2009-01-28T15:52:52Z-
dc.date.available2009-01-28T15:52:52Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/18787-
dc.description.abstractMany 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 role of congestion in determining this optimal financing structure and the consequences this has in turn for the government?s budget. The latter consists of fee and tax revenues that are used to finance the entire public production input and that may or may not suffice to finance the entire public input, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government. Most of the analysis is conducted for general production functions consistent with endogenous growth, although the case of CES technology is also considered.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1423en_US
dc.subject.jelH40en_US
dc.subject.jelH21en_US
dc.subject.jelO40en_US
dc.subject.ddc330en_US
dc.subject.keywordexcludable and non-excludable public goodsen_US
dc.subject.keywordcongestionen_US
dc.subject.keywordgrowthen_US
dc.subject.stwÖffentliches Guten_US
dc.subject.stwBottlenecken_US
dc.subject.stwNeue Wachstumstheorieen_US
dc.subject.stwGebühren_US
dc.subject.stwOptimale Besteuerungen_US
dc.subject.stwInfrastrukturen_US
dc.subject.stwTheorieen_US
dc.titleExcludable and non-excludable public inputs : consequences for economic growthen_US
dc.typeWorking Paperen_US
dc.identifier.ppn484735144en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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