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英文文献：Voting on Infrastructure Investment: The Role of Product Market Competition-基础设施投资的投票:产品市场竞争的作用
英文文献作者：Arghya Ghosh,Kieron Meagher
英文文献摘要：
In spatial competition, public infrastructure plays a crucial role in determining product market outcomes. In our model, consideration of infrastructure’s impact on the product market drives the voting behavior of consumers in their dual role as voter/taxpayers. The spatial heterogeneity of consumers produces conflicting political interests and in many cases inefficient outcomes. However across both exogenous and endogenous market environments product market competition consistently leads to higher levels of publicly funded infrastructure than monopoly/collusion. Furthermore, competition’s boost to the popular support for infrastructure investment is often excessive while monopoly leads to underinvestment.
在空间竞争中，公共基础设施对产品市场结果起着决定性作用。在我们的模型中，对基础设施对产品市场影响的考虑驱动了双重角色的消费者的投票行为，即选民/纳税人。消费者的空间异质性产生了相互冲突的政治利益，在许多情况下产生了无效的结果。然而，在外生和内生市场环境中，产品市场竞争始终比垄断/勾结导致更高水平的公共资金基础设施。此外，竞争对公众支持基础设施投资的推动往往是过度的，而垄断导致投资不足。
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