umu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
State-variable public goods and social comparisons
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
Göteborgs universitet.
2014 (English)In: Journal of Environmental Economics and Management, ISSN 0095-0696, E-ISSN 1096-0449, Vol. 68, no 2, 390-410 p.Article in journal (Refereed) Published
Abstract [en]

The optimal provision of a state-variable public good, where the global climate is the prime example, is analyzed in a model where people care about their relative consumption. We consider both keeping-up-with-the-Joneses preferences (where people compare their own current consumption with others’ current consumption) and catching-up-with-the-Joneses preferences (where people compare their own current consumption with others’ past consumption) in an economy with two productivity types, overlapping generations, and optimal nonlinear income taxation. The extent to which the conventional rules for provision of state-variable public goods (a dynamic analog of the Samuelson rules) ought to be modified is shown to clearly depend on the strength of the relative concerns of both kinds, but also on the preference elicitation format.

Place, publisher, year, edition, pages
Elsevier, 2014. Vol. 68, no 2, 390-410 p.
Keyword [en]
state-variable public goods, asymmetric information, relative consumption, status, positional preferences, climate policy
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-92076DOI: 10.1016/j.jeem.2014.07.001ISI: 000344208000011OAI: oai:DiVA.org:umu-92076DiVA: diva2:739504
Available from: 2014-08-21 Created: 2014-08-21 Last updated: 2017-12-05Bibliographically approved

Open Access in DiVA

fulltext(990 kB)71 downloads
File information
File name FULLTEXT01.pdfFile size 990 kBChecksum SHA-512
6379308e298a13ba4221b004939a3ea5951c29d3207d7501830ef883df7ece9eb9e8ea5d552abec9b981f09f3d858f621dd5bc103ef2e3c22bcf801d95bd7410
Type fulltextMimetype application/pdf

Other links

Publisher's full text

Authority records BETA

Aronsson, Thomas

Search in DiVA

By author/editor
Aronsson, Thomas
By organisation
Economics
In the same journal
Journal of Environmental Economics and Management
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 71 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 136 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf