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Article
A Comment on the Role of Prices for Excludable Public Goods (with Jongsang Park).
International Tax and Public Finance (2007)
  • Gilbert E. Metcalf, Tufts University
Abstract
Blomquist and Christensen [(2005). The role of prices for excludable public goods, International Tax and Public Finance, 12 ,61-79] argue that welfare is initially decreasing in the price of an excludable public good and that the case for a positive price for an excludable public good price is weak. We argue that this result follows from their particular characterization of the public good and that an alternative and equally reasonable characterization overturns their result. Hence, the policy case for a positive price on the public good is stronger than Blomquist and Christiansen suggest.
Disciplines
Publication Date
2007
Citation Information
Gilbert E. Metcalf. "A Comment on the Role of Prices for Excludable Public Goods (with Jongsang Park)." International Tax and Public Finance Vol. 14 (2007)
Available at: http://works.bepress.com/gilbert_metcalf/7/