The Voluntary (Private) Production of Public Goods, the Gains from Trade, and Comparative Advantage.

B-Tier
Journal: Review of International Economics
Year: 1995
Volume: 3
Issue: 2
Pages: 127-40

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Any (finite) number of privately produced public goods are incorporated into a general trade-theory model of private goods and factors. Postulating Cournot-Nash behavior, a necessary condition for gainful trade is derived. Potential trade gains are related to the law of comparative advantage in private goods and the change in the underproduction of public goods. A sufficient condition is also proven. Trade gains/losses are compared for more or less populous economies. All the results have analogues in the literature on imperfect competition and/or increasing returns to scale. Copyright 1995 by Blackwell Publishing Ltd.

Technical Details

RePEc Handle
repec:bla:reviec:v:3:y:1995:i:2:p:127-40
Journal Field
International
Author Count
1
Added to Database
2026-01-29