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INTERGENERATIONAL PUBLIC GOODS: TRANSNATIONAL CONSIDERATIONS
Author(s) -
Sandler Todd
Publication year - 2009
Publication title -
scottish journal of political economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.4
H-Index - 46
eISSN - 1467-9485
pISSN - 0036-9292
DOI - 10.1111/j.1467-9485.2009.00488.x
Subject(s) - public good , economics , altruism (biology) , overlapping generations model , inequality , developing country , public economics , labour economics , microeconomics , economic growth , psychology , social psychology , mathematical analysis , mathematics
This paper analyzes public goods whose benefits cross countries' borders and generations. Once provided, transnational intergenerational public goods (TIPGs) are assets that generate benefits for subsequent generations. For treaties involving TIPGs, a coalition of rich developed countries are apt to shoulder more of the provision burden than a coalition of poor developing countries. This burden inequality worsens if the developed countries unilaterally display altruism to future generations; nevertheless, altruistic benefits may offset reduced spillovers. When current generations strategize with respect to future generations, provision and efficiency suffer; however, the hypothesized unequal burden sharing improves somewhat. For alternative aggregator technologies of public supply, these one‐sided burdens may be partly ameliorated.