Global and Regional Public Goods: A Prognosis for Collective Action

Todd M. Sandler

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Abstract

Abstract This paper applies modern concepts from the theory of public goods to indicate why progress has been made with respect to some global and regional public goods (for example, cutting sulphur emissions) but not with respect to others (for example, cutting greenhouse gases). Factors promoting collective action at the transnational level include the removal of uncertainty, a high share of nation‐specific benefits, a limited number of essential participants and the presence of an influential leader nation. The impact of public good aggregation technologies on the future provision of transnational public goods is related to the trend in world‐wide income inequality. Principles are presented for designing supranational structures for addressing transnational public good problems. JEL classification: H41, D70, Q20.

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References

1992A Contribution to the Empirics of Economic Growth 1965The Logic of Collective Action 1993Dictatorship, Democracy, and Development 1965An Economic Theory of Clubs 1996The Theory of Externalities, Public Goods, and Club Goods 1994Self-Enforcing International Environmental Agreements 1997Divergence, Big Time 1983From weakest-link to best-shot: The voluntary provision of public goods

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1999Defining Global Public Goods 2003Advancing the Concept of Public Goods 2021Global Public Goods: A Survey 2012THE POLITICAL ECONOMY OF PUBLIC‐PRIVATE PARTNERSHIPS AND ANALYSIS OF THEIR SOCIAL VALUE*2001Transnational public goods: strategies and institutions 2003Public Goods: A Historical Perspective 2011Efficient Coordination in Weakest-Link Games

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