Inter-state transfers for cost differences in federations with population mobility and natural resources
The Australian system of horizontal scal equalization (HFE) transfers output from low to high cost states. This paper develops a standard model of a federation with an imperfectly mobile population and states which capture economic rents from natural resources and recycle the revenue on the basis...
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| Format: | Working Paper |
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Curtin University
2016
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| Online Access: | http://www.curtin.edu.au/research/crae/publications/working-paper-series/index.cfm http://hdl.handle.net/20.500.11937/40754 |