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merit good

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merit good

Good which, if left to the private sector market mechanism, would be underprovided. Therefore, government has to step in and ensure that merit goods are produced in sufficient quantity. Commonly given examples of merit goods are education and health care.
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This paper attempts to examine the influence of economic and merit good concept in water supply.
A critique of decentralization and participatory approach in ... by Wahid, Abu N.M.; Irshad, S. Mohammed / Indian Journal of Economics and Business
Higher education has also become a non merit good However, Since the early nineties, private autonomous institutions were permitted to be set up on a liberal scale without a clearly defined policy to regulate the private institutions (Anandkrishnan 2004).
Higher education for women in India--choices and challenges by Singh, Nandita / Forum on Public Policy: A Journal of the Oxford Round Table
Previously, both Labor and Liberal governments had, at least implicitly, viewed publicly funded, high quality child care as a merit good which benefited the community at large as well as individual children and their families.
The ABC of child care politics by Brennan, Deborah / Australian Journal of Social Issues
 
 
 
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