Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax
In the real world, there are commodities that although consumers are willing to pay for them, but they cannot obtain them by market. These goods are public goods that all people will benefit from their use, and about them so-called market fails. One of indicators for evaluation the performance of go...
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Semnan University
2017-06-01
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Series: | مدلسازی اقتصادسنجی |
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Online Access: | https://jem.semnan.ac.ir/article_2972_498f9ce13b8f5ddee574aec32c73963b.pdf |
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author | Majid Maddah Mohsen shafiei nikabadi neda samiei |
author_facet | Majid Maddah Mohsen shafiei nikabadi neda samiei |
author_sort | Majid Maddah |
collection | DOAJ |
description | In the real world, there are commodities that although consumers are willing to pay for them, but they cannot obtain them by market. These goods are public goods that all people will benefit from their use, and about them so-called market fails. One of indicators for evaluation the performance of government is amount of production of public goods. In this regard, the optimal level of the production of public good that maximize households’ utility is very important. In this article, three sections are as follows; households, firms and government-monetary authorities, due to the limitations that each section is faced, each of them is looking to optimize its goals. The results of the optimization household utility function show the optimal level of public good demand that it is proportional to pay people as taxes. Also the results of production function of public good show the optimal level of supply of public goods and services. Compare the optimal amount of demand and supply of public good show that there is a huge gap between optimal levels. |
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institution | Directory Open Access Journal |
issn | 2345-654X 2821-2150 |
language | fas |
last_indexed | 2024-03-07T22:08:29Z |
publishDate | 2017-06-01 |
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series | مدلسازی اقتصادسنجی |
spelling | doaj.art-c447e69fe5134c0b93269351371fd38f2024-02-23T18:36:49ZfasSemnan Universityمدلسازی اقتصادسنجی2345-654X2821-21502017-06-012312915710.22075/jem.2018.11383.10262972Optimal level of demand and supply public goods in the general equilibrium model with Lindahl taxMajid Maddah0Mohsen shafiei nikabadi1neda samiei2Associate Professor of faculty of Economic, Management and Administrative Sciences, Semnan UniversityAssistant Professor of Industrial Management Department, Economics and Management Faculty, Semnan University, Semnan, IranPh.D. of Public Economy, Management, economics and Administrative Sciences, Semnan UniversityIn the real world, there are commodities that although consumers are willing to pay for them, but they cannot obtain them by market. These goods are public goods that all people will benefit from their use, and about them so-called market fails. One of indicators for evaluation the performance of government is amount of production of public goods. In this regard, the optimal level of the production of public good that maximize households’ utility is very important. In this article, three sections are as follows; households, firms and government-monetary authorities, due to the limitations that each section is faced, each of them is looking to optimize its goals. The results of the optimization household utility function show the optimal level of public good demand that it is proportional to pay people as taxes. Also the results of production function of public good show the optimal level of supply of public goods and services. Compare the optimal amount of demand and supply of public good show that there is a huge gap between optimal levels.https://jem.semnan.ac.ir/article_2972_498f9ce13b8f5ddee574aec32c73963b.pdfpublic goodgeneral equilibriumlindahl taxoptimizationiran |
spellingShingle | Majid Maddah Mohsen shafiei nikabadi neda samiei Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax مدلسازی اقتصادسنجی public good general equilibrium lindahl tax optimization iran |
title | Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax |
title_full | Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax |
title_fullStr | Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax |
title_full_unstemmed | Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax |
title_short | Optimal level of demand and supply public goods in the general equilibrium model with Lindahl tax |
title_sort | optimal level of demand and supply public goods in the general equilibrium model with lindahl tax |
topic | public good general equilibrium lindahl tax optimization iran |
url | https://jem.semnan.ac.ir/article_2972_498f9ce13b8f5ddee574aec32c73963b.pdf |
work_keys_str_mv | AT majidmaddah optimallevelofdemandandsupplypublicgoodsinthegeneralequilibriummodelwithlindahltax AT mohsenshafieinikabadi optimallevelofdemandandsupplypublicgoodsinthegeneralequilibriummodelwithlindahltax AT nedasamiei optimallevelofdemandandsupplypublicgoodsinthegeneralequilibriummodelwithlindahltax |