SPATIAL INTERDEPENDENCE AND EXTERNALITIES

Noboru Sakashita

Papers in Regional Science, 1989, vol. 67, issue 1, 1-11

Abstract: ABSTRACT Pecuniary externalities in a two‐region economy are examined from several aspects. The analysis includes fiscal externality, inefficiency of free migration, and inefficiency of autarky non‐wage income sharing. Measures to restore the productive efficiency that is lacking in the multiregion economy with local public goods are discussed. Finally, a new aspect of the interregional allocation of residential activities is analyzed as the economics of multi‐habitation.

Date: 1989
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https://doi.org/10.1111/j.1435-5597.1989.tb01178.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:presci:v:67:y:1989:i:1:p:1-11

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