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Journal articles on the topic 'Public economics - publicly provided goods'

Author: Grafiati

Published: 10 December 2022

Last updated: 31 July 2025

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1

del Granado, F. Javier Arze, Jorge Martinez-Vazquez, and Robert M. McNab. "Decentralized Governance, Expenditure Composition, and Preferences for Public Goods." Public Finance Review 46, no. 3 (2016): 359–88. http://dx.doi.org/10.1177/1091142116639127.

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The literature on decentralization has long asserted that decentralized governance increases public sector allocative efficiency. We offer an indirect test of this hypothesis by examining how decentralized governance affects revealed preferences for public goods. Specifically, we examine the relationship between expenditure decentralization and the functional composition of public expenditures. We hypothesize that higher levels of expenditure decentralization induce agents to demand increased production of publicly provided private goods. We test this hypothesis using an unbalanced panel data

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2

Milon, J. Walter. "Site Characteristics and Revealed Preferences for Outdoor Recreation." Northeastern Journal of Agricultural and Resource Economics 14, no. 1 (1985): 14–17. http://dx.doi.org/10.1017/s0899367x00000714.

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Demand measurement for outdoor recreation has developed on a course that reflects trends in both theoretical economics and recreation policy. The early insights of Hotelling and Clawson and Knetsch express a dominant concern with estimating the demand for a single recreation site and the economic value of publicly provided, new recreation sites. Their theoretical framework was consistent with the emerging public goods theory which viewed recreation sites as homogeneous public goods demanded by homothetic consumers. In light of the emphasis on expanding leisure opportunities and public acquisit

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Balestrino, Alessandro. "Public Provision of Private Goods and User Charges." Recherches économiques de Louvain 61, no. 4 (1995): 461–77. http://dx.doi.org/10.1017/s0770451800011556.

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SummaryThis paper deals with the question whether uniform provision of a purely private good should be implemented at the social optimum, in a second best economy where personalised lump-sum transfers are not feasible, but no market failure exists. The answer is that it depends on the balance of private and social gains and losses from public provision: necessary conditions for the optimality of uniform provision are derived and discussed. The sensitivity of these conditions to changing rules for the choice of the user charge is also investigated, and it is suggested that public provision is m

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4

Mayer-Foulkes, David. "THE COGNITIVE TRANSITION IN MEXICO: ECONOMIC GEOGRAPHY AND LOCAL GOVERNANCE IMPACTS." PANORAMA ECONÓMICO 8, no. 16 (2017): 22. http://dx.doi.org/10.29201/pe-ipn.v8i16.55.

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This article shows that cognitive ability dynamics interact with both individual and local indicators of macroeconomic wellbeing, publicly provided goods and private goods, through 141 localities in Mexico. The link of these various goods with inequity is compared quantitatively using the concentration index decomposition. The set of individual characteristics including paternal and maternal cognitive ability, whether mother works, father’s schooling and household wealth, and the set of local characteristics including local economic activity, local public policy and local marginalization indic

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5

Logemann, Jan. "Is it in the interest of the consumer to pay taxes? Transatlantic differences in postwar approaches to public consumption." Journal of Consumer Culture 11, no. 3 (2011): 339–65. http://dx.doi.org/10.1177/1469540511417995.

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This article is a comparative analysis of American and West German consumer policy and its underlying definition of the consumer interest during the decades following the Second World War. It traces diverging government responses to a transatlantic debate among economists, policy makers and a wider public over the proper balance between private and public consumption. Whereas postwar America put an emphasis on unrestrained private purchasing power and limited public spending, West German policy makers were more likely to include the provision of publicly supported and tax-funded goods and serv

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6

Garrett, Geoffrey. "Global Markets and National Politics: Collision Course or Virtuous Circle?" International Organization 52, no. 4 (1998): 787–824. http://dx.doi.org/10.1162/002081898550752.

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Increasing exposure to trade, foreign direct investment, and liquid capital mobility have not prompted a pervasive policy race to the neoliberal bottom among the OECD countries. One reason is that there are strong political incentives for governments to cushion the dislocations and risk generated by openness. Moreover, countries with large and expanding public economies (when balanced with increased revenues, even from capital taxes) have not suffered from capital flight or higher interest rates. This is because the modern welfare state, comprising income transfer programs and publicly provide

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Lastuti, Yeti, and Khoirunurrofik Khoirunurrofik. "Income inequality, regional characteristics and household’s conspicuous consumption: An empirical study in developing market." Journal of Governance and Regulation 11, no. 1 (2022): 64–72. http://dx.doi.org/10.22495/jgrv11i1art7.

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This study aims to analyze the effect of income inequality and regional characteristics such as ethnicity and religion on conspicuous consumption for visible and invisible good types of households in the Indonesian regions by dividing regions into regions with low and high-income inequality levels based on the value median Gini index in Indonesia. The data set deployed in this study were pooled data collected from households provided by the Indonesian Central Bureau of Statistics 2017 and 2018. Employing the OLS method, we find that 1) income inequality has a negative effect on visible goods,

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Sen, Arijit. "On Allocation Contests for Publicly Provided Goods." South Asian Journal of Macroeconomics and Public Finance 7, no. 1 (2018): 1–16. http://dx.doi.org/10.1177/2277978718760445.

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In many countries, the government provides goods and services that are rival in consumption—essential commodities, such as water, public transportation and basic health care, and merit goods like professional education and tertiary health care. For such goods, the government has to specify allocation rules under which citizens can access them. Affluent citizens often have the incentive and the ability to influence public allocation rules by engaging in allocation contests. This article presents simple models of allocation contests for a divisible essential commodity and an indivisible merit go

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9

Evans, Mary F., Christian A. Vossler, and Nicholas E. Flores. "Hybrid allocation mechanisms for publicly provided goods." Journal of Public Economics 93, no. 1-2 (2009): 311–25. http://dx.doi.org/10.1016/j.jpubeco.2008.06.006.

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10

Brussarski, Rumen. "THE DYNAMICS OF PUBLIC EXPENDITURE IN BULGARIA (2014–2023)." Economic Thought journal 70, no. 1 (2025): 7–20. https://doi.org/10.56497/etj2570101.

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The modern state provides public goods, redistributes income and wealth, and ensures macroeconomic stability. It incurs expenses for this purpose which are financed (mainly) through taxation. In this sense, the scale and structure of public expenditures are key indicators of the state's participation in the economic life of its society. This article is devoted to the dynamics of public expenditure in Bulgaria over the last ten years (2014–2023): its total amount, current and capital expenditures, and expenditure by function.

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11

Besley, Timothy. "Welfare Improving User Charges for Publicly Provided Private Goods." Scandinavian Journal of Economics 93, no. 4 (1991): 495. http://dx.doi.org/10.2307/3440225.

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12

Popov, Evgeny V., Anna Yu Veretennikova, and Daria A. Selezneva. "Innovation-Driven Evolution of the Sharing Economy in a Russian Region: The Case of Sverdlovsk Region." R-Economy 9, no. 3 (2023): 294–309. http://dx.doi.org/10.15826/recon.2023.9.3.018.

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Relevance. The sharing economy, an emerging sector, encounters obstacles such as intricate regulations, insufficient funding, constraints in data collection infrastructure, and uncertainties in evaluation methodologies. For the best results, it is crucial to thoroughly examine risks and find effective ways for the sharing economy to grow in the region. Research objective. This study aims to examine trends in sharing economy development in a major Russian area, using the case of Sverdlovsk region as an example. Data and Methods. The study relies on scientific publications from Scopus, EBSCO, an

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13

Pirttila, Jukka, and Matti Tuomala. "Publicly Provided Private Goods and Redistribution: A General Equilibrium Analysis." Scandinavian Journal of Economics 104, no. 1 (2002): 173–88. http://dx.doi.org/10.1111/1467-9442.00277.

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14

Colombo, Fábio. "O Asian Infrastructure Bank enquanto elemento financiador da Belt and Road Initiative: demonstração de capacidade chinesa de prover bens públicos no sistema internacional." DAXIYANGGUO - REVISTA PORTUGUESA DE ESTUDOS ASIÁTICOS / PORTUGUESE JOURNAL OF ASIAN STUDIES, no. 25 (2020): 3–21. http://dx.doi.org/10.33167/1645-4677.daxiyangguo2020.25/pp.3-21.

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A Belt and Road Initiative (BRI) e o Asian Infrastructure Investment Bank (AIIB), o primeiro um projeto de interligação de economias a partir da China e o segundo uma instituição multilateral de financiamento a projetos de infraestrutura, são elementos definidores da política externa chinesa no século XXI. Entender a relação entre essas duas componentes é relevante porque permite realizar inferências acerca da projeção de poder chinês no sistema internacional. Neste sentido, entende-se que uma abordagem a partir da ideia de bens públicos globais é útil, pois se encaixa em um contexto mundial d

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15

Roessler, Martin. "Political regimes and publicly provided goods: why democracy needs development." Public Choice 180, no. 3-4 (2019): 301–31. http://dx.doi.org/10.1007/s11127-019-00638-y.

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16

CALABRESE, STEPHEN M. "Majority Voting over Publicly Provided Goods, Redistribution, and Income Taxation." Journal of Public Economic Theory 9, no. 2 (2007): 319–34. http://dx.doi.org/10.1111/j.1467-9779.2007.00309.x.

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17

Ardielli, Eva, and Jiří Bečica. "Multi-criteria Evaluation of the State of Professional Theatres in the Czech Republic in Terms of Mixed Public Goods Provided to the Citizens." Review of Economic Perspectives 18, no. 2 (2018): 155–76. http://dx.doi.org/10.2478/revecp-2018-0009.

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Abstract The provision of public goods is an important aspect of public sector management, and it is a subject of specific conditions. Public Goods should be provided efficiently and in accordance to consumer demand and should meet the provider's political and financial priorities as well as other obligatory commitments. An important role also play the citizens that are increasingly appealing on the provision of high-quality, accessible and cost-effective public goods in line with the principle of “value for money”. The evaluation of the provided public goods is, therefore, a topical issue. A

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Athreya, Siva, and Rohini Somanathan. "Quantifying spatial misallocation in centrally provided public goods." Economics Letters 98, no. 2 (2008): 201–6. http://dx.doi.org/10.1016/j.econlet.2007.04.030.

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19

Thees, Oliver. "«Migros-Wald» oder Märchenwald? (Essay)." Schweizerische Zeitschrift fur Forstwesen 167, no. 4 (2016): 200–204. http://dx.doi.org/10.3188/szf.2016.0200.

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Fairytale forests must face reality (essay) Swiss forest enterprises are finding it increasingly difficult to fulfill the demands on the forest economically. The problem is complex. To address it, we analyzed this situation from the points of view of production, industrial and new institutional economics. Swiss forest enterprises are multi-product firms. They are usually publicly owned and aim to provide crucial ecosystem services for the economy in the form of private and public goods that are mostly closely connected with the production of wood. Providing these goods can be made more efficie

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20

Schimmelpfennig, J�rg. "Institutional arrangements and the quality of publicly provided goods: A tentative note." Public Choice 85, no. 1-2 (1995): 119–26. http://dx.doi.org/10.1007/bf01047906.

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21

Anand, Paul, and Allan Wailoo. "Utilities versus Rights to Publicly Provided Goods: Arguments and Evidence from Health Care Rationing." Economica 67, no. 268 (2000): 543–77. http://dx.doi.org/10.1111/1468-0335.00224.

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22

Bischoff, Ivo. "Endowment effect theory, prediction bias and publicly provided goods: an experimental study." Environmental and Resource Economics 39, no. 3 (2007): 283–96. http://dx.doi.org/10.1007/s10640-007-9126-3.

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23

Moretto, Michele, Sergio Vergalli, and Paolo M. Panteghini. "Tax Competition, Investment Irreversibility and the Provision of Public Goods." German Economic Review 16, no. 4 (2015): 408–21. http://dx.doi.org/10.1111/geer.12058.

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AbstractThis article studies the effects of tax competition on the provision of public goods under business risk and partial irreversibility of investment. As will be shown, the provision of public goods changes over time and also depends on the business cycle. In particular, under source-based taxation, in the short term, public goods can be optimally provided during a downturn. The converse is true during a recovery: in this case, they are underprovided. In the long term, however, tax competition does not affect capital accumulation. This means that the provision of public goods is unaffecte

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24

Frank, Richard G., and Mark S. Kamlet. "Quality, quantity and total expenditures on publicly provided goods: the case of public mental hospitals." Journal of Public Economics 29, no. 3 (1986): 295–316. http://dx.doi.org/10.1016/0047-2727(86)90031-9.

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25

Cowen, Tyler. "Law as a Public Good: The Economics of Anarchy." Economics and Philosophy 8, no. 2 (1992): 249–67. http://dx.doi.org/10.1017/s0266267100003060.

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Various writers in the Western liberal and libertarian tradition have challenged the argument that enforcement of law and protection of property rights are public goods that must be provided by governments. Many of these writers argue explicitly for the provision of law enforcement services through private market relations.

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26

Surdej, Aleksander. "The scenarios for the future of EU public policies: the perspective of the theory of public goods." Economics and Business Review 14, no. 4 (2014): 7–21. http://dx.doi.org/10.18559/ebr.2014.4.835.

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Starting from the economic theory of public goods the author builds a framework for an analysis of the ways European public goods are identified and provided. The specific aim of the paper is to discuss the criteria for designing an adequate institutional framework of the provision of public goods and to explain why there is a tendency for a misalignment between the citizens expectations and EU public policy outcomes. (original abstract)

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27

Egbert, Henrik, and Teodor Sedlarski. "Foundations of contemporary economics: Mancur Olson and collective action." Economic Thought journal 66, no. 4 (2021): 126–34. http://dx.doi.org/10.56497/etj2166405.

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Mancur Olson (1932-1998) became famous with one great idea: the failure of collective action. Since interest groups provide their members with public (collective) goods with corresponding externalities, he assumed that free riding as a rational individual strategy would be a ubiquitous problem hampering the realization of efficient collective action in the provision of such goods. This remarkable idea – the application of methodological individualism and the assumption of rational individual behavior in the analysis of interest groups, provided a fertile ground for theory building in all socia

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Craswell, Allen T., and Jere R. Francis. "Pricing Initial Audit Engagements: A Test of Competing Theories." Accounting Review 74, no. 2 (1999): 201–16. http://dx.doi.org/10.2308/accr.1999.74.2.201.

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Two competing theories of initial engagement audit pricing are examined empirically. DeAngelo's (1981a) model predicts initial engagement discounts in all settings, while Dye's (1991) model specifically predicts discounting will not occur in settings where audit fees are publicly disclosed. Unlike the United States and most countries, audit fees are publicly disclosed in Australia. Our study examines initial engagement pricing in Australia during a time period when comparable U.S. studies report discounts of 25 percent (Ettredge and Greenberg 1990; Simon and Francis 1988). The Australian evide

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29

Bierbrauer, Felix J., and Pierre C. Boyer. "Efficiency, Welfare, and Political Competition *." Quarterly Journal of Economics 131, no. 1 (2015): 461–518. http://dx.doi.org/10.1093/qje/qjv033.

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Abstract We study political competition in an environment in which voters have private information about their preferences. Our framework covers models of income taxation, public-goods provision, or publicly provided private goods. Politicians are vote-share maximizers. They can propose any policy that is resource-feasible and incentive-compatible. They can also offer special favors to subsets of the electorate. We prove two main results. First, the unique symmetric equilibrium is such that policies are surplus-maximizing and hence first-best Pareto-efficient. Second, there is a surplus-maximi

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Peacock, Sylvia E. "Politics, Public Goods, and Corporate Nudging in the HTTP/2 Standardization Process." SAGE Open 10, no. 4 (2020): 215824402097161. http://dx.doi.org/10.1177/2158244020971611.

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The goal is to map out some policy problems attached to using a club good approach instead of a public good approach to manage our internet protocols, specifically the HTTP (Hypertext Transfer Protocol). Behavioral and information economics theory are used to evaluate the standardization process of our current generation HTTP/2 (2.0). The HTTP update under scrutiny is a recently released HTTP/2 version based on Google’s SPDY, which introduces several company-specific and best practice applications, side by side. A content analysis of email discussions extracted from a publicly accessible IETF

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31

Lizzeri, Alessandro, and Nicola Persico. "The Provision of Public Goods Under Alternative Electoral Incentives." American Economic Review 91, no. 1 (2001): 225–39. http://dx.doi.org/10.1257/aer.91.1.225.

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Politicians who care about the spoils of office may underprovide a public good because its benefits cannot be targeted to voters as easily as pork-barrel spending. We compare a winner-take-all system—where all the spoils go to the winner—to a proportional system—where the spoils of office are split among candidates proportionally to their share of the vote. In a winner-take-all system the public good is provided less often than in a proportional system when the public good is particularly desirable. We then consider the electoral college system and show that it is particularly subject to this

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32

Piano, Ennio E. "Outlaw and economics: Biker gangs and club goods." Rationality and Society 30, no. 3 (2017): 350–76. http://dx.doi.org/10.1177/1043463117743242.

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Today, outlaw motorcycle gangs are best known for their involvement in an international criminal network dealing in narcotics, human trafficking, and arms smuggling. Law enforcement agencies in three continents have identified groups like the Hells Angels Motorcycle Club, the Outlaws Motorcycle Club, and the Bandidos Motorcycle Club as a major threat to public safety. Before their descent into organized crime, outlaw bikers captured the imagination of the American public due to their peculiar look and outrageous behavior. They dressed in dirty sleeveless leather jackets and Nazi paraphernalia,

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33

Ng, Yew-Kwang. "A case for higher spending on public goods." Open Access Government 40, no. 1 (2023): 360–61. http://dx.doi.org/10.56367/oag-040-10756.

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A case for higher spending on public goods Yew-Kwang Ng, Emeritus Professor in the Department of Economics at Monash University in Australia, argues in favor of increased spending on public goods. An important issue in public policy is how much we should spend on public goods. A pure public good has the characteristic that its usage by some does not reduce its availability to others. Examples include defense, broadcasting, publication, and research. Private goods (subsuming services) like apples or haircuts are typically paid for by consumers. In a market economy, their provision and prices ar

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Weber, Shlomo, and Hans Wiesmeth. "Environmental awareness: The case of climate change." Russian Journal of Economics 4, no. (4) (2018): 328–45. https://doi.org/10.3897/j.ruje.4.33619.

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The extent of provision of a public good often relies on social awareness and public support for it. This applies, in particular, to global reduction of greenhouse gases and its relevance for mitigating climate change. We examine the concept of "public awareness" by introducing a formal model that analyzes efforts to mitigate climate change in a setting with heterogeneous countries. In the theoretical part we examine the Nash equilibrium of the contribution game. The effects of awareness and economic parameters on mitigation efforts can be disentangled, raising the possibility of linking aware

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35

Zhang, Liying, Chengliang Wu, and Yan Hao. "How to Improve the Supply of Quasi-Public Forest Infrastructure When Government Is the Leader: Evidence from Experimental Economics." Forests 14, no. 2 (2023): 275. http://dx.doi.org/10.3390/f14020275.

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Forest infrastructure is an important material basis for healthy forests. According to public goods theory, most forest infrastructures are quasi-public goods, with demand exceeding supply, more than one supplier, unclear responsibilities between suppliers, and a resultant free-rider problem. This study explored ways to improve the supply of goods for forest infrastructure when the government—as leader—cooperates with foresters—as followers. Experimental economics were used to explain the factors that influence the behaviour of forest infrastructure quasi-public goods suppliers; to design twel

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Robinson, James A. "States and Power in Africa by Jeffrey I. Herbst: A Review Essay." Journal of Economic Literature 40, no. 2 (2002): 510–19. http://dx.doi.org/10.1257/002205102320161357.

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Herbst argues that Africa is plagued by “state failure” to provide certain public goods in society, such as law and order, defense, contract enforcement, and infrastructure. Herbst has provided a bold, historically informed theoretical analysis, essential reading for economists interested in comparative institutions and development.

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37

Borge, Lars-Erik. "Political Influence and the Demand for Publicly Provided Goods: The Interest Function Approach applied to Norwegian Local Governments." Journal of Public Finance and Public Choice 18, no. 2 (2000): 155–69. http://dx.doi.org/10.1332/251569200x15665365495122.

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Abstract The interest function approach to government behaviour, initiated by van Winden [1983], is used to investigate how demand for local public services differs among population groups and how the groups’ political influence is shaped by numerical strength and the party composition of the local council. W e improve upon earlier empirical applications of the interest function approach by clarifying the condition under which both taste and influence parameters can be identified. Moreover, the model is estimated in a situation in which the condition for identification is met.

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Sudakov, Sergei. "Efficiency of Russian institutions support for non-resource and non-energy exports." Public Administration Issues, no. 1 (2022): 49–77. http://dx.doi.org/10.17323/1999-5431-2022-0-1-49-77.

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Current study analyzes the types of measures aimed at supporting exporters. The article focuses on the analysis of support for Russian exporters of non-resource non-energy goods, as well as institutions that act as government agents to provide this support. Hypothesis of the study: Russian export support institutions have had a positive impact on the growth of non-resource non-energy exports from Russia by increasing the efficiency of their work and provided support measures. In the course of testing the hypothesis, several nuances were revealed. In particular, Russian publicly available infor

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Bert A., Rockman, and Hahm Sung Deuk. "The Notion of Good and Bad Governance in Comparative Perspective." Korean Journal of Policy Studies 26, no. 2 (2011): 1–16. http://dx.doi.org/10.52372/kjps26201.

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A governance crisis may not only be detrimental to public trust of the government, but can also be a source of economic stagnation and social instability. Good and bad governance has become an indispensable line of research in public management. Scholars and practitioners in public management are concerned about what makes some government institutions better than others. This paper first explores the theoretical evolution of the term "governance" as distinct from "government." Second, it sorts out factors related to definitions and measurements of good and bad governance in comparative perspec

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Egbert, Henrik, Teodor Sedlarski, and Aleksandar Todorov. "FOUNDATIONS OF CONTEMPORARY ECONOMICS: ELINOR OSTROM AND COMMON-POOL RESOURCES." Economic Thought journal 68, no. 5 (2023): 554–71. http://dx.doi.org/10.56497/etj2368505.

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Elinor Ostrom changed the way of thinking about common-pool resources in econom-ics. She provided an institutional analysis that shows how groups can find solutions to complex problems for collective goods. Ostrom showed that collective action can work among rational individuals. She and her husband Vincent objected privatization, nation-alization, and centralized government for governing the commons. Instead, they pro-moted polycentric governance as a solution for many common-pool resources. Her ap-proach is known as the Bloomington School of Political Economy, a thriving direction in Public

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Gruber, Jonathan. "Delivering Public Health Insurance Through Private Plan Choice in the United States." Journal of Economic Perspectives 31, no. 4 (2017): 3–22. http://dx.doi.org/10.1257/jep.31.4.3.

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The United States has seen a sea change in the way that publicly financed health insurance coverage is provided to low-income, elderly, and disabled enrollees. When programs such as Medicare and Medicaid were introduced in the 1960s, the government directly reimbursed medical providers for the care that they provided, through a classic “single payer system.” Since the mid-1980s, however, there has been an evolution towards a model where the government subsidizes enrollees who choose among privately provided insurance options. In the United States, privatized delivery of public health insurance

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Vakulovych, E. V. "Anachronism in using the notion of “an entrepreneur” to refer to a mandatory participant of a public contract." Bulletin of Kharkiv National University of Internal Affairs 83, no. 4 (2018): 76–86. http://dx.doi.org/10.32631/v.2018.4.08.

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According to the author, some of the norms of civil law, in particular the provisions regulating the procedure for concluding a public contract are objectively obsolete. Because of this the objective of the article is to study the concept of “an entrepreneur” through the prism of modern legal terminology. Based on the analysis of the relevant requirements of civil law, it has been indicated that the types of activities within the framework of a public contract may be carried out only by entrepreneurs. At the same time, taking into account the nature of entrepreneurship (commercial econom

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Battaglini, Marco, Salvatore Nunnari, and Thomas R. Palfrey. "The Dynamic Free Rider Problem: A Laboratory Study." American Economic Journal: Microeconomics 8, no. 4 (2016): 268–308. http://dx.doi.org/10.1257/mic.20150126.

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We report the results of an experiment that investigates free riding in the accumulation of durable public goods. We consider economies with reversibility, where contributions can be positive or negative; and economies with irreversibility, where contributions are nonnegative. Aggregate outcomes support the qualitative predictions of the Markov Perfect Equilibria (MPE) characterized in Battaglini, Nunnari, and Palfrey (2014): steady state levels of public good are lower with reversibility than irreversibility; accumulation is inefficiently slow; and the public good is under-provided in both re

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Betancourt, Roger, and Suzanne Gleason. "The Allocation of Publicly-Provided Goods to Rural Households in India: On Some Consequences of Caste, Religion and Democracy." World Development 28, no. 12 (2000): 2169–82. http://dx.doi.org/10.1016/s0305-750x(00)00074-7.

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45

Disney, Richard. "Pension reform in the United Kingdom: an economic perspective." National Institute Economic Review 237 (August 2016): R6—R12. http://dx.doi.org/10.1177/002795011623700111.

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This paper considers the evolution of the UK's pension programme in the light of various stated rationales for public intervention. It argues that the publicly-provided (tax-financed) pension programme has gone through four distinct stages since 1946. It examines some of the issues that have arisen in the context of private pension provision in the UK, both in the form of so-called ‘defined benefit’ and ‘defined contribution’ pension plans, as well as individual purchases of annuities.

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Klasa, Sandy. "Why Do Controlling Families of Public Firms Sell Their Remaining Ownership Stake?" Journal of Financial and Quantitative Analysis 42, no. 2 (2007): 339–67. http://dx.doi.org/10.1017/s0022109000003306.

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Abstract:I investigate what leads controlling families of publicly traded firms to sell their remaining ownership stake. The sale of a controlling stake is best explained in the context of theories of the firm related to optimal risk bearing, the separation of ownership and management expertise, the CEO succession process, and the monitoring provided by outside blockholders. A timing explanation is only marginally supported. The sale of a controlling stake is not explained by insufficient financial resources to fully invest in growth opportunities. This study offers insights into the final sta

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Tvaronavičienė, Agnė, Virginijus Kanapinskas, and Žydrūnas Plytnikas. "Sustainable Public Procurement: Realization of the Social Aspect in Republic of Lithuania." Business: Theory and Practice 15, no. (4) (2014): 302–15. https://doi.org/10.3846/btp.2014.529.

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Public procurement concentrates large public sector's purchasing power, and has a significant impact on each country's economic development. The purpose of public procurement procedure is transparency, non-discrimination and accordance to the principles of fair competition in acquisition of goods, services and works necessary for the smooth functioning of the public administration. Besides, public procurement can be one of the most important instruments for sustainable development and other purposes useful to the whole society and the economy of the country. This article briefly discusses the

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Borg, Daniel, Oksana Mont, and Heather Schoonover. "Consumer Acceptance and Value in Use-Oriented Product-Service Systems: Lessons from Swedish Consumer Goods Companies." Sustainability 12, no. 19 (2020): 8079. http://dx.doi.org/10.3390/su12198079.

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In order to make our production and consumption systems more sustainable, there is a need to further explore and support novel business models with higher sustainability potential. Use-oriented product-service systems (u-PSS) are considered a promising alternative to traditional ownership-based business models, as they may result in lower environmental impacts. The presence of u-PSS in consumer goods markets, however, is still small. This is due in part to the nature of the products and lack of consumer acceptance of u-PSS. Lately, however, companies in Sweden have begun offering u-PSS for con

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Moroz, Ivanna. "Peculiarities of public debt management policy in the United States of America: experience for Ukraine." ScienceRise, no. 4 (August 31, 2021): 58–67. https://doi.org/10.21303/2313-8416.2021.002040.

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The object of research is the policy of public debt management of the United States of America and Ukraine. The problem solved is the low level of efficiency of the policy of public external and internal debt management of Ukraine in the context of financing economic growth. The main scientific results: based on the analysis of the policy of public debt management of the United States of America, it has been proved, that the public debt and the US budget deficit should be perceived not as a problem or threat to macroeconomic stability, but as a tool to stimulate economic growth. It is substant

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Grzegorz Dydkowski and Jozef Gnap. "Premises and Limitations of Free Public Transport Implementation." Communications - Scientific letters of the University of Zilina 21, no. 4 (2019): 13–18. http://dx.doi.org/10.26552/com.c.2019.4.13-18.

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For many years issues of the free provision of transport services, including urban public transport, were outside the main trends of transport economics considerations. However, nowadays, the discussion is ongoing related to usefulness and limitations of the free urban public transport implementation. Protection of the city environment, reduction of personal cars traffic, and increased accessibility and mobility in cities are given as premises for such solution introduction. However, assessments of introduced solutions may not necessarily confirm the assumptions made. Financial problems and th

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