An Analysis of Government Interventions in Addressing Market Failures Caused by Non- Excludable and Non-Rivalrous Public Goods Based on COVID-19 Vaccination Cases

作     者：Wenqing Chen 

作者机构：University of BirminghamBirmingham B152TTUnited Kingdom 

出 版 物：《Proceedings of Business and Economic Studies》 (商业经济研究（百图）)

年 卷 期：2021年第4卷第5期

页      面：89-92页

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

主　　题：Public goods Free rider Non-excludable Non-rival 

摘      要：The non-excludable and non-rivalrous characteristics of public goods distinguish them from private *** existence of these two characteristics leads to thecfree rider problem^^and the variation problem,making the market supply less than the actual demand,thus causing market *** government should therefore intervene against this *** the beginning of 2020,the global outbreak of the novel COVID-19 brought significant harm to various countries,races,and groups of *** the second half of 2020,several companies developed vaccines,which are able to fundamentally block the transmission of the ***,as vaccines have been reducing the severity of the epidemic in certain regions,the situation somewhat reflects non-excludability and non-rivalry,in which before officially being listed in vaccination programs,the society may have the thought ofvaccination would reduce the risk of transmission;thus,I can enjoy the reduced risk of everyone being vaccinated without paying for it.For this reason,most countries have been purchasing vaccines for the public through government appropriations to solve the free-rider *** can be said that in the face of market failure caused by public goods,the government should carry out timely intervention measures,including taxation and government appropriation,to avoid negative impacts from the characteristics of public goods.