WHY AND HOW SHOULD THE GOVERNMENT FINANCE PUBLIC GOODS IN RURAL AREAS? A REVIEW OF ARGUMENTS

dc.creatorPetrick, Martin
dc.date2017-04-01T18:37:02Z
dc.date.accessioned2026-07-09T03:12:34Z
dc.descriptionThis paper reviews three arguments why government should not directly finance public goods provision in the countryside: (1) sorting and voting of residents leads to efficient local public goods provision, (2) community governance may better cope with incomplete contracting in public goods, and (3) public provision drives out voluntary private provision of public goods. Theory and empirical evidence partly support these arguments. The adequate level of rural governance appears to be often below the European or national level, and policy should focus on the institutional premises of public goods provision rather than on centralized payments to public good providers.
dc.identifierdoi:10.22004/ag.econ.14961
dc.identifierhttps://ageconsearch.umn.edu/record/14961/files/cp06pe03.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/14961
dc.identifier.urihttp://hdl.handle.net/123456789/528496
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/14961
dc.titleWHY AND HOW SHOULD THE GOVERNMENT FINANCE PUBLIC GOODS IN RURAL AREAS? A REVIEW OF ARGUMENTS
dc.typeText

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