Alexiadis, Stilianos (2012): Aggregate efficiency and interregional equity: a contradiction?
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This paper attempts to rekindle interest on regional allocation of investment and to show that a trade-off between aggregate efficiency and interregional equity is implied. Modifying, however, the objective function it is established that this trade-off can be avoided.
|Item Type:||MPRA Paper|
|Original Title:||Aggregate efficiency and interregional equity: a contradiction?|
|Keywords:||Regional Allocation of Investment; Trade-off|
|Subjects:||R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R10 - General|
|Depositing User:||Stilianos Alexiadis|
|Date Deposited:||17. Jun 2012 00:57|
|Last Modified:||22. Feb 2013 02:01|
Intriligator, M. (1964) “Regional Allocation of Investment: Comment”, Quarterly Journal of Economics, 78(4), 659-662.
Rahman, A. (1963) “Regional Allocation of Investment: An Aggregate Study in the Theory of Development Programming”, Quarterly Journal of Economics, 77 (1), 26-39.
Takayama, A. (1967) “Regional Allocation of Investment: A Further Analysis”, Quarterly Journal of Economics, 81(1), 330-333.