2007Unpublished venueRequires access

On the Change of Public Goods' Boundary and Private Provision of Public Goods

Wang Ting-hui

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Abstract

It is really very difficult to clearly define the boundary and range of public goods.Most goods fall between pure public goods and pure private goods.By introducing excluding instruments such as property right institution,organization and technology,private sector can effectively supply public goods.Entrepreneurial action in the competitive market tends to display various methods of private supply of public goods or public services.In certain cases,free-taker and exclusivity will no longer become the restrictive factors for the public goods provision.Nongovernmental supply of public goods out of non-profit can be one kind of practical model.

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What this paper is about

It is really very difficult to clearly define the boundary and range of public goods.Most goods fall between pure public goods and pure private goods.By introducing excluding instruments such as property right institution,organization and technology,private sector can effectively supply public goods.Entrepreneurial action in the competitive market tends to display various methods of private supply of public goods or public services.In certain cases,free-taker and exclusivity will no longer become the restrictive factors for the public goods provision.Nongovernmental supply of public goods out of non-profit can be one kind of practical model.

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Available abstract

It is really very difficult to clearly define the boundary and range of public goods.Most goods fall between pure public goods and pure private goods.By introducing excluding instruments such as property right institution,organization and technology,private sector can effectively supply public goods.Entrepreneurial action in the competitive market tends to display various methods of private supply of public goods or public services.In certain cases,free-taker and exclusivity will no longer become the restrictive factors for the public goods provision.Nongovernmental supply of public goods out of non-profit can be one kind of practical model.

Key concepts: Public good, Speciality goods, Goods and services, Business, Private good, Intermediate good, Commerce, Final good

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