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

Ingrid Ott; Stephen J. Turnovsky

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

Research output: Working paper › Working papers

Standard

Excludable and non-excludable public inputs: Consequences for economic growth. / Ott, Ingrid; Turnovsky, Stephen J.
München: Center for Economic Studies and Ifo Institute (CESifo), 2005. (CES IFO WORKING PAPER; No. 1423).

Research output: Working paper › Working papers

Harvard

Ott, I & Turnovsky, SJ 2005 'Excludable and non-excludable public inputs: Consequences for economic growth' CES IFO WORKING PAPER, no. 1423, Center for Economic Studies and Ifo Institute (CESifo), München. <https://www.cesifo.org/DocDL/cesifo1_wp1423.pdf>

APA

Ott, I., & Turnovsky, S. J. (2005). Excludable and non-excludable public inputs: Consequences for economic growth. (CES IFO WORKING PAPER; No. 1423). Center for Economic Studies and Ifo Institute (CESifo). https://www.cesifo.org/DocDL/cesifo1_wp1423.pdf

Vancouver

Ott I, Turnovsky SJ. Excludable and non-excludable public inputs: Consequences for economic growth. München: Center for Economic Studies and Ifo Institute (CESifo). 2005 Mar 1. (CES IFO WORKING PAPER; 1423).

Bibtex

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title = "Excludable and non-excludable public inputs: Consequences for economic growth",

abstract = "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.",

keywords = "Economics, excludable and non-excludable public goods, congestion, growth",

author = "Ingrid Ott and Turnovsky, {Stephen J.}",

year = "2005",

month = mar,

day = "1",

language = "English",

series = "CES IFO WORKING PAPER",

publisher = "Center for Economic Studies and Ifo Institute (CESifo)",

number = "1423",

address = "Germany",

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RIS

TY - UNPB

T1 - Excludable and non-excludable public inputs

T2 - Consequences for economic growth

AU - Ott, Ingrid

AU - Turnovsky, Stephen J.

PY - 2005/3/1

Y1 - 2005/3/1

N2 - 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.

AB - 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.

KW - Economics

KW - excludable and non-excludable public goods

KW - congestion

KW - growth

M3 - Working papers

T3 - CES IFO WORKING PAPER

BT - Excludable and non-excludable public inputs

PB - Center for Economic Studies and Ifo Institute (CESifo)

CY - München

ER -

Convergence or mediation? experts of vulnerability and the vulnerability of experts' discourses on nanotechnologies ; a case study

Papilloud, C. & Ott, I., 2007, Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 26 p. (Working paper series in economics; no. 58).

Research output: Working paper › Working papers