Public Goods

This is a wide-ranging survey of the theory and evidence on public goods. Its four parts present the main literature on public goods, both theoretical and empirical, in a systematic manner. Moreover, the authors extend the existing literature in numerous ways. Each section of the book includes a discussion of the main results, emphasizing the innovations and new outcomes. The main strength of the book is the breadth and depth of its coverage. The organization of topics covered by the book follows the recent literature and the presentation is written for a broad audience. Where technical material is presented, it is done in a way that is generally well explained and easy to follow. The book is thus suitable as a textbook for graduate and upper level undergraduate public finance courses as well as for researchers interested in the field.

Extensive coverage of the theory and empirical evidence on public goods In-depth insight into the development of the literature in this field Includes supplementary material: sn.pub/extras

Inhalt
First-Best Public Provision of Pure Public Goods.- Second-Best Public Provision of Pure Public Goods.- Determining Demand for Public Goods: Voting and Mechanisms.- Determining the Demand for Public Goods: Surveys and Indirect Estimation.- Privately Provided Public Goods.- Extensions.- Neutrality Results.- Empirical Evidence on Charitable Contributions.- Further Evidence on Privately Provided Public Goods.- Experimental Evidence on the Free Rider Problem.- The Effect of Public Inputs on the Economy in Static Models.- The Effects of Public Capital in Dynamic Models.- Empirical Work on the Public Capital Hypothesis.- Local Public Goods, Club Goods, and the Tiebout Hypothesis.- Fiscal Competition.- Empirical Testing with Local Public Goods.