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
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