Public Choice 66: 189-194, 1990.
© 1990 Kluwer Academic Publishers. Printed in the Netherlands.
More on the choice between public and private production
of a publicly funded service
ROBERT A. McGUIRE
Department of Economics, University of California, Davis, CA 95616
ROBERT L. OHSFELDT
School of Public Health, University of Alabama at Birmingham, Birmingham, AL 35294
T. NORMAN VAN COTT
Department of Economics, Ball State University, Muncie, IN47306
1. Introduction
In our recent paper in this journal (McGuire et al., 1987), we noted that the
literature contained little systematic analysis of the choice of production mode
(public or private firms) for a publicly funded service, despite the considerable
attention given to the relative cost performance of public and private produc-
tion and the coexistence of production modes. As a remedy for this gap in the
literature, we developed a theoretical model of the choice of production mode
which incorporated the potential for public-sector decision makers to pursue
their self interests as less than perfectly faithful agents of the taxpayers
demanding the service. The paper also provided an indirect empirical test of
the implications of the model which, as we readily admitted, was far from ideal
(1987: 219-221). On the basis of this empirical analysis, we concluded that
nonmonetary factors were relatively more important than monetary factors in
the production mode choice. It was our hope that the paper would provide a
catalyst for further theoretical developments and more definitive empirical
tests.
Professor Pack's (1990) comment on our 1987 paper centers around the
robustness of the empirical findings for our measure of monetary factors (rela-
tive wages, RELWAGE) with respect to changes in model specification. She
correctly notes that our empirical results imply that relative wages exercise
more influence on public decision makers' choice of production mode when the
model specification includes a panoply of demographic variables (Pack labels
this specification the "full" model). The importance of relative wages is
diminished considerably when only those variables explicitly justified by our
theoretical model are included in the empirical specification (she labels this the
"abbreviated" model). Pack's case for the importance of relative wages in the