North-South Imbalances: Policies in a Spatial Equilibrium

Antonio Accetturo, Alberto Dalmazzo and Guido de Blasio

Giornale degli Economisti, 2010, vol. 69, issue 2, 3-36

Abstract: The paper introduces mobility costs and non-competitive wage setting into the spatial equilibrium model to analyse regional differences in rents, wages, unemployment and populations. It also considers the impact of policies, such as transfer payments to households and subsidies to firms, and illustrates a numerical exercise to discuss their welfare implications.

Keywords: Spatial general equilibrium; Public intervention; Social Welfare Function (search for similar items in EconPapers)
JEL-codes: J6 R12 R13 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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