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This paper adopts Besley and Ghatak’s and Halonen-Akatwijuka’s framework to analyze how public goods should be owned.It weakens BG’s assumptions and takes indispensability and complementarities as well as spillovers of human capital into account.
This paper adopts Besley and Ghatak’s and Halonen-Akatwijuka’s framework to analyze how public goods should be owned. I weakens BG’s assumptions and takes indispensability and complementarities as well as spillovers of human capital into account.