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Government Versus Private Ownership of Public Goods
Open accessAbstract
There has been a dramatic change in the division of responsibility between the state and the private sector for the delivery of public goods and services in recent years with an increasing trend toward contracting out to the private sector and “public-private partnerships.” This paper analyzes how ownership matters in public good provision. We show that if contracts are incomplete then the ownership of a public good should lie with a party that values the benefits generated by it relatively more. This is true regardless of whether this party is also the key investor, or other aspects of the technology.
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Citations
Cited by
Economic Perspectives on Corporate Social Responsibility
Kitzmueller, M., & Shimshack, J. (2012) · Journal of Economic Literature · doi:10.1257/jel.50.1.51 · Cited by 1,116
Property Rights and Economic Development*
Besley, T., & Ghatak, M. (2010) · Handbook of Development Economics · doi:10.1016/b978-0-444-52944-2.00006-9 · Cited by 646
Self-citationThe extended governance of cooperative firms: inter-firm coordination and consistency of values
SACCHETTI, S., & TORTIA, E. (2016) · Annals of Public and Cooperative Economics · doi:10.1111/apce.12058 · Cited by 66
Metadata
- Authors
- Besley, T., & Ghatak, M.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2001-11-01
- Volume
- 116
- Issue
- 4
- Pages
- 1343-1372
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2142604108
- Cited by
- 399
- References
- 0
- FWCI
- 23.27
- Type
- journal article
- Language
- en
- Open access
- green
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- CoChat. (2026). Citation check: Government Versus Private Ownership of Public Goods. https://app.cochat.ai/papers/10.1162/003355301753265598
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- Besley, T., & Ghatak, M. (2001). Government Versus Private Ownership of Public Goods. The Quarterly Journal of Economics. https://doi.org/10.1162/003355301753265598
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
