Theoretical analysis of equalization and spatial location efficiency
This paper shows that regional economies, such as federations or unitary countries with sub-national governments, may need a system of optimal inter-regional transfers to correct for various types of externalities related to factor mobility and location decisions. It is then argued that equalization...
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| Format: | Journal Article |
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Routledge
2009
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| Online Access: | http://hdl.handle.net/20.500.11937/22261 |