Alexiadis, Stilianos (2012): Aggregate efficiency and interregional equity: a contradiction?
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Abstract
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? |
| Language: | English |
| Keywords: | Regional Allocation of Investment; Trade-off |
| Subjects: | R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R10 - General |
| Item ID: | 39477 |
| Depositing User: | Stilianos Alexiadis |
| Date Deposited: | 17 Jun 2012 00:57 |
| Last Modified: | 01 Oct 2019 13:13 |
| References: | 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. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/39477 |
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