The existence and uniqueness of equilibrium in the international public good model

Tatsuyoshi Miyakoshi, Kenichi Suzuki

Research output: Contribution to journalArticlepeer-review

Abstract

The international public good model is an extension of the public good model, allowing for different productivities of producing the public good across countries. By extending the proofs of Bergstrom et al. (1986, 1992), which are the seminal studies in the public good literature, this article develops an international public good model with proofs of the existence and uniqueness of equilibrium.

Original languageEnglish
Pages (from-to)1751-1754
Number of pages4
JournalApplied Economics Letters
Volume18
Issue number18
DOIs
Publication statusPublished - 2011 Dec

Keywords

  • equilibrium
  • existence
  • international public good model
  • uniqueness

ASJC Scopus subject areas

  • Economics and Econometrics

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