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dc.contributor.authorEconomides, Georgeen_US
dc.contributor.authorPhilippopoulos, Apostolisen_US
dc.contributor.authorVassilatos, Vanghelisen_US
dc.date.accessioned2011-06-10en_US
dc.date.accessioned2011-06-29T11:17:47Z-
dc.date.available2011-06-29T11:17:47Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/46374-
dc.description.abstractThis paper studies the difference between public production and public finance of public goods in a dynamic general equilibrium setup. By public finance, we mean that the public good is produced by private providers with the government financing their costs. When the model is calibrated to match fiscal data from the UK economy, the main result is that, ceteris paribus, a switch from public production to public finance can have substantial aggregate and distributional implications. Public providers cannot beat private providers in terms of aggregate efficiency. We finally design a transfer scheme that can make a switch to private provision welfare improving for all agents including public employees.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper: Fiscal Policy, Macroeconomics and Growth 3487en_US
dc.subject.jelH40en_US
dc.subject.jelD90en_US
dc.subject.jelD60en_US
dc.subject.ddc330en_US
dc.subject.keywordpublic goodsen_US
dc.subject.keywordgrowthen_US
dc.subject.keywordwelfareen_US
dc.subject.stwÖffentliches Guten_US
dc.subject.stwPrivatwirtschaften_US
dc.subject.stwÖffentliche Ausgabenen_US
dc.subject.stwWirtschaftliche Effizienzen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titlePublic providers, versus private providers, of public goods: A general equilibrium study of the role of the stateen_US
dc.typeWorking Paperen_US
dc.identifier.ppn661903214en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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