Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/46374 
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dc.contributor.authorEconomides, Georgeen
dc.contributor.authorPhilippopoulos, Apostolisen
dc.contributor.authorVassilatos, Vanghelisen
dc.date.accessioned2011-06-10-
dc.date.accessioned2011-06-29T11:17:47Z-
dc.date.available2011-06-29T11:17:47Z-
dc.date.issued2011-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3487en
dc.subject.jelH40en
dc.subject.jelD90en
dc.subject.jelD60en
dc.subject.ddc330en
dc.subject.keywordpublic goodsen
dc.subject.keywordgrowthen
dc.subject.keywordwelfareen
dc.subject.stwÖffentliches Guten
dc.subject.stwPrivatwirtschaften
dc.subject.stwÖffentliche Ausgabenen
dc.subject.stwWirtschaftliche Effizienzen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwWohlfahrtseffekten
dc.subject.stwTheorieen
dc.titlePublic providers, versus private providers, of public goods: A general equilibrium study of the role of the state-
dc.typeWorking Paperen
dc.identifier.ppn661903214en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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