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Helping others or helping oneself? International subsidies and the provision of global public goods


Reference:

Abul Naga, R. H. and Jones, P., 2013. Helping others or helping oneself? International subsidies and the provision of global public goods. Oxford Economic Papers, 65 (4), pp. 856-875.

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[img] PDF (Abul Naga and Jones OEP September 2012-4-1) - Repository staff only until 01 October 2015 - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
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      Official URL:

      http://dx.doi.org/10.1093/oep/gps044

      Abstract

      This paper explores the welfare effects of international subsidies designed to expedite the production of global public goods. It distinguishes between the impact subsidies exert on behaviour and the impact subsidies exert on welfare. Subsidies that encourage recipients to contribute to the provision of global public goods can be designed to maximize the welfare of donor countries. While these optimal subsidies achieve a Pareto efficient allocation of resources, all the efficiency gains are appropriated by donor countries. If equity is irrelevant, optimal subsidies are higher for high-income recipients than for low-income recipients.

      Details

      Item Type Articles
      CreatorsAbul Naga, R. H.and Jones, P.
      DOI10.1093/oep/gps044
      DepartmentsFaculty of Humanities & Social Sciences > Economics
      Publisher StatementAbul_Naga_and_Jones_OEP_September_2012_4_1.pdf: This is a pre-copyedited, author-produced PDF of an article accepted for publication in [insert journal title] following peer review. The version of record Abul Naga, R. H., & Jones, P. (2013). Helping others or helping oneself? International subsidies and the provision of global public goods. Oxford Economic Papers, 65(4), 856-875 is available online at: http://dx.doi.org/ 10.1093/oep/gps044; subsidies_oep_final_1.pdf: This is a pre-copyedited, author-produced PDF of an article accepted for publication in [insert journal title] following peer review. The version of record Abul Naga, R. H., & Jones, P. (2013). Helping others or helping oneself? International subsidies and the provision of global public goods. Oxford Economic Papers, 65(4), 856-875 is available online at: http://dx.doi.org/ 10.1093/oep/gps044
      RefereedYes
      StatusPublished
      ID Code31933

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