Endogenous local public good prices in decentralised economies with population mobility and inter-regional transfers
Economic models of regional economies with local public goods, corrective inter-regional transfers and population mobility assume decision-makers are small price takers. We argue this is reasonable for private goods but that local public good prices are in fact endogenous, varying with settlement pa...
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| Format: | Working Paper |
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School of Economics and Finance, CBS
2015
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| Subjects: | |
| Online Access: | http://www.curtin.edu.au/research/crae/local/docs/CRAE_WP_03042015_Jeff.pdf http://hdl.handle.net/20.500.11937/27678 |