Title of article :
In praise of inequality: public good provision and income distribution
Author/Authors :
Jun-ichi Itaya، نويسنده , , David de Meza، نويسنده , , Gareth D. Myles، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Pages :
8
From page :
289
To page :
296
Abstract :
It is shown that if all individuals contribute towards the provision of a public good their utilities are equalised even if the income distribution is unequal. It may seem that there is then no role for redistributive policy, but it is proved that social welfare can be raised by creating sufficient income inequality that only the rich provide public goods.
Keywords :
Public goods , Private provision , Income distribution
Journal title :
Economics Letters
Serial Year :
1997
Journal title :
Economics Letters
Record number :
434457
Link To Document :
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