A Theoretical Analysis of the Efficient Provision of Public Goods

The shortage of the public goods provision has become the important factor that restricts the regional economic growth and the reason is the traditional provision system. In 1970s, many governments in developed countries began to use market to provide public goods with success,which gives us a useful experiment to solve the puzzle of the public goods' provision. The theoretical basis of market provision is the economic development theory of the public goods provision.