Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5068437 | European Journal of Political Economy | 2010 | 11 Pages |
Abstract
A by-product firm uses the profits from the sale of a private good to finance provision of a public good. If the public good exhibits any degree of rivalry, an increase in population will lead to a reduction in the provision of the public good, when the number of by-product firms is constant. An increase in the number of by-product firms raises provision of the public good, if population is constant. When population and the number of by-product firms are increased in the same proportion, the effect on provision of the public good depends upon the degree of rivalry exhibited by the public good.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paul Pecorino,