An Efficiency Case for Cost Equalisation in a Regional Economy with Migration Externalities

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An Efficiency Case for Cost Equalisation in a Regional Economy with Migration Externalities

Cost equalisation, which redistributes income from low to high cost sub-national regions,is practised in many unitary and federal countries as part of broader schemes designed toequalise scal capacities. While these policies are motivated by equity, in this paper I showthat under plausible circumsta...

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Bibliographic Details
Main Author:	Petchey, Jeffrey
Format:	Working Paper
Published:	School of Economics and Finance, CBS 2015
Subjects:	inter-governmental differentials and - their effects federal state relations intergovernmental relations federalism
Online Access:	http://hdl.handle.net/20.500.11937/39345

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