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The Samuelson condition and the Lindahl scheme in networks
Sun,Guang Zhen
2019-06-19
Source PublicationJournal of Public Economics
ISSN00472727
Volume156Pages:73-80
Abstract

We study optimal provision of public goods in the network, showing that the Samuelson condition and the Lindahl scheme can both be substantially extended to characterize the expenditure on such public goods. Couched in terms of the structure of the network, the extended Samuelson condition and Lindahl scheme formulate precisely how the local publicness of a local public good fundamentally determines its optimal provision and the personalized price that the Lindahl tax-payer faces. Independence of the optimal allocation from the distribution of resources at interior Samuelsonian solutions in the network generally fails to hold even for the Bergstrom-Cornes preferences.

KeywordAdjacency Matrix Local Public Goods Network The Lindahl Equilibrium The Samuelson Condition
DOI10.1016/j.jpubeco.2017.10.005
URLView the original
Indexed BySSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectEconomics
WOS IDWOS:000419419400006
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Cited Times [WOS]:1   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionDEPARTMENT OF ECONOMICS
AffiliationDepartment of EconomicsFaculty of Social SciencesUniversity of Macau,Macau Special Region of Administration,Macao
First Author AffilicationFaculty of Social Sciences
Recommended Citation
GB/T 7714
Sun,Guang Zhen. The Samuelson condition and the Lindahl scheme in networks[J]. Journal of Public Economics,2019,156:73-80.
APA Sun,Guang Zhen.(2019).The Samuelson condition and the Lindahl scheme in networks.Journal of Public Economics,156,73-80.
MLA Sun,Guang Zhen."The Samuelson condition and the Lindahl scheme in networks".Journal of Public Economics 156(2019):73-80.
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