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Monopolistic Competition, Growth and Public Good Provision

Bibliographic Data

ID9720734
AuthorsPaul Pecorino (0000-0002-7659-7873, University of Alabama, corresponding author)
Year2009
Volume119
Issue534
Pages298-307
Publication date2009-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2008.02214.x
OpenAlexW2053742480
LanguageEN
Citations received2
References cited15

In the standard model, provision of a pure public good is increasing in group size if it is a normal good. I develop a model of public good provision in which private goods are supplied in a monopolistically competitive market. In this model, group size corresponds to population. I find that increases in population lead to reduced public good provision. The reason is quite simple: as population increases, the number of private goods available for consumption also increases. This raises the marginal utility of income and increases the opportunity cost of contributing to the public good. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009

Biology · Competition (biology · Economics · Microeconomics · Monopolistic competition · Monopoly · Ecology · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Local Government Finance and Decentralization

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Unique citing works2
Citations per year0,18
Citation span2015 - 2020 (6)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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