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Intergenerational Public Goods- Transnational Considerations



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Intergenerational Public Goods Transnational Considerations by Todd Sandler School of Economic Political and Policy Sciences University of Texas at Dallas GR 31 800 W Campbell Road Richardson TX 75080 3021 1 972 883 6725 Fax 1 972 883 6486 tsandler utdallas edu November 2008 Abstract 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 then 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 Keywords Environmental Treaties Externalities Intergenerational Efficiency Leader Follower Behavior Noncooperative Games Public Goods JEL codes H87 Q58 Vibhooti Shukla Professor of Economics and Political Economy University of Texas at Dallas The author is grateful to two anonymous reviewers for their helpful comments on an earlier version of the paper I INTRODUCTION In recent years there has been an increased interest in transnational public goods TPGs whose nonrival and nonexcludable benefits transcend national borders see e g Ferroni and Mody 2002 Kaul et al 1999 Kindleberger 1986 Sandler 1997 1998 2004 Secretariat of the International Task Force on Global Public Goods 2006 This interest has been sparked by concerns for the environment security health and governance In particular the analysis of TPGs offers insights into treaty formation and adherence Barrett 2003 Sandler



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