2009Journal of Anyang Institute of TechnologyRequires access

Research on Market Supply of Public Goods

Gao Shao-hui

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Abstract

Market supply of public goods lies in production rather than supply.Therefore,in the public goods supplies' process,supply is the responsibility of the government and production is the responsibility of the market.The value of this idea to our country's public goods displays in the following several aspects:In the public goods' supplies,the government has the inescapable responsibility,and the market in the production is actually the indispensable strength.

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What this paper is about

Market supply of public goods lies in production rather than supply.Therefore,in the public goods supplies' process,supply is the responsibility of the government and production is the responsibility of the market.The value of this idea to our country's public goods displays in the following several aspects:In the public goods' supplies,the government has the inescapable responsibility,and the market in the production is actually the indispensable strength.

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Available abstract

Market supply of public goods lies in production rather than supply.Therefore,in the public goods supplies' process,supply is the responsibility of the government and production is the responsibility of the market.The value of this idea to our country's public goods displays in the following several aspects:In the public goods' supplies,the government has the inescapable responsibility,and the market in the production is actually the indispensable strength.

Key concepts: Public good, Production (economics), Government (linguistics), Business, Commerce, Speciality goods, Value (mathematics), Intermediate good

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