What Is a Quasi-Public Good?

The scope of quasi-public goods is very wide. It lies between private goods and pure public goods. It has limited non-exclusiveness and non-competitiveness.

Quasi-public goods

Right!

The scope of quasi-public goods is very wide. It lies between private goods and pure public goods. It has limited non-exclusiveness and non-competitiveness.

Chinese name

Quasi-public goods

Range

Very extensive

Between

Between private and pure public goods

Nature

article

Compared to pure public goods, some of its properties have changed. The use and consumption of a class of quasi-public goods is limited to a certain area, and the scope of its benefits is limited, such as local public goods (which do not necessarily have non-public goods). Exclusiveness); a class of quasi-public goods is public or can be shared, the use of one person cannot exclude the use of others. However, out of private interest, there may be competition in consumption. Due to the nature of public, there may be problems of "crowding effect" and "overuse" in the use of goods, such as groundwater basins and water resources, pastoral areas, forests, irrigation channels, etc. Another type of quasi-public goods has obvious Exclusiveness, due to the existence of "congestion points" of consumption, often must be paid to consume, it includes club items, cable TV channels and highways.

Quasi-public goods are a class of public goods that have a large degree of externality in consumption. It has two characteristics: competition in consumption, that is, one person s consumption of an item may reduce the consumption of other people s consumption of the item (quality and quantity); People can enjoy the item. There are a large number of quasi-public goods in reality, such as most urban public facilities, public education and health care services, and so on.