Research on Market Supply of Public Goods
Gao Shao-hui
Abstract
Gao Shao-hui
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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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