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Voluntary Provision of Public Goods for Bads

A Theory of Environmental Offsets

Datos Bibliográficos

ID9714716
AutoresMatthew J Kotchen (0000-0002-0350-6598, University of California, Santa Barbara and NBER, autor de correspondencia)
Año2009
Volumen119
Número537
Páginas883-899
Fecha de publicación2009-04-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 0013-0133 • E-ISSN: 1468-0297
EditorialOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2008.02215.x
OpenAlexW2889824595
IdiomaEN
Citas recibidas9
Referencias citadas16

This article examines voluntary provision of a public good that is motivated, in part, to compensate for activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality, provide an increasingly salient example. An important result is that mean donations do not converge to zero as the economy grows large. The equilibrium is solved to show how direct donations and net contributions depend on wealth and heterogeneous preferences. Comparative static analysis demonstrates how public good provision and social welfare depend on the technology, individual wealth and an initial level of the public good. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009

Context (archaeology · Economics · Market economy · Microeconomics · Nash equilibrium · Neutrality · Point (geometry · Public economics · Public good · Salient · Turnover · Welfare · Climate Change Policy and Economics · Economic and Environmental Valuation · Fiscal Policy and Economic Growth

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Obras citantes distintas9
Citas por año0,6
Intervalo de citas2011 - 2025 (15)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 9
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