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"Redistribution, Political Power, and Public Goods"

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  • McGuire, M.C.

Abstract

As a feature of positive redistribution, what incentive causes those with the power of transferring wealth to stop short of extremes in confiscationand even to a degree to serve the interests of the powerless and the wider soviety as a whole? A beginning approach to this problem has been made by McGuire and Olson (1994, 1996) [hereafter "M-O"]. This paper constructs a simplified, comparative static version of Barro to enrich the M-O analysis of the positive political economy of redistribution.

Suggested Citation

  • McGuire, M.C., 1998. ""Redistribution, Political Power, and Public Goods"," Papers 98-99-4, California Irvine - School of Social Sciences.
  • Handle: RePEc:fth:calirv:98-99-4
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    Keywords

    INCOME REDISTRIBUTION ; PUBLIC GOODS ; PUBLIC POLICY;

    JEL classification:

    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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