Excludable and non-excludable public inputs: Consequences for economic growth

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

Non-excludable and excludable public inputs are introduced into an endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure, emphasizing the role of congestion and its consequences for the government's budget. The latter comprises fee and tax revenues that are used to finance the public inputs, although they may generate insufficient revenue to do so entirely. 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, but the CES technology is also considered.
Original languageEnglish
JournalEconomica
Volume73
Issue number292
Pages (from-to)725-748
Number of pages24
ISSN0013-0427
DOIs
Publication statusPublished - 01.11.2006

Links

DOI

Recently viewed

Publications

  1. Student Game Design for Language Learning
  2. Backward Extended Kalman Filter to Estimate and Adaptively Control a PMSM in Saturation Conditions
  3. Accuracy, latency, and confidence in abstract reasoning: The influence of fear of failure and gender
  4. (Re)productivity
  5. Combined experimental-numerical analysis of the temperature evolution and distribution during friction surfacing
  6. General management principles and a checklist of strategies to guide forest biodiversity conservation
  7. A dialectical perspective on innovation: Conflicting demands, multiple pathways, and ambidexterity
  8. Geometric control tools for robotic manipulators
  9. Learning spaces in multi-stakeholder initiatives
  10. Design of an Over-Actuated Hexacopter Tilt-Rotor for Landing and Coupling in Power Transmission Lines
  11. Pathways and mechanisms for catalyzing social impact through Orchestration: Insights from an open social innovation project
  12. Advisory systems in pluralistic knowledge societies:
  13. Consequences of extreme weather events for developing countries based on the example of Mongolia
  14. Low working memory reduces the use of mental contrasting
  15. Stressing the Relevance of Differentiating between Systematic and Random Measurement Errors in Ultrasound Muscle Thickness Diagnostics
  16. Kultur als Materialität oder Material – Diskurstheorie oder Diskursanalyse?
  17. From Claiming to Creating Value
  18. Development and evaluation of Open Educational Resources to improve teacher's knowledge on spatial abilities
  19. Influencing Parameters in the Deep Drawing of Fiber Metal Laminates with Low Viscous Matrix
  20. Guest Editors' Introduction
  21. An automated, modular system for organic waste utilization using Hermetia illucens larvae
  22. Estimated substitution elasticities of a nested CES production function approach for Germany
  23. A trainable object finder, selector and identifier for pollen, spores and other things
  24. Short and long-term dominance of negative information in shaping public energy perceptions
  25. Making mutual learning tangible
  26. Computing Consumer Sentiment in Germany via Social Media Data
  27. The Role of Formalisation, Participation and Context in the Success of Public Involvement Mechanisms in Resource Management
  28. Managing technology as a virtual enterprise