Since 2014
Public Goods’ Real Effects: Correction Of The Current Textbook Theory
Research Journal of Economics, Business and ICT
View Archive Info| Field | Value | |
| Title |
Public Goods’ Real Effects: Correction Of The Current Textbook Theory
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| Creator |
Vorlícek, Jan; Department of Economics and Management, Unicorn College
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| Subject |
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Public Goods, Public Budgets, Externality H40 |
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| Description |
The text first deals with the definition of the concept of public goods and discusses reasons and consequences of public goods existence. In the second part, it then deals with possibilities (necessary conditions) of their production by private sector. It shows that provided the conditions given in the second part are fulfilled, the private production of public goods is more efficient than their production within the public sector. Their financing from public budgets is seen problematic and therefore this alternative is only accepted as the last resource.
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| Publisher |
English Time Schools & Overseas Education
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| Contributor |
—
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| Date |
2011-03-10
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://ojs.journals.cz/index.php/RJEBI/article/view/182
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| Source |
Research Journal of Economics, Business and ICT; Vol 1 (2011)
2047-7848 2045-3345 |
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| Language |
eng
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| Relation |
http://ojs.journals.cz/index.php/RJEBI/article/view/182/186
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| Rights |
Copyright (c) 2011 Jan Vorlícek
https://creativecommons.org/licenses/by/3.0/ |
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