Quantifying the cost of foregone public goods spillovers on an island
Adam Cox,
Alan Leonard and
Ansgar Wohlschlegel
Regional Studies, 2019, vol. 53, issue 8, 1170-1182
Abstract:
This paper develops a framework for quantifying the cost of the lack of public goods spillovers from neighbouring municipalities for a geographically separated municipality. Parameter estimates from a spatial panel regression of local public expenditure in 205 municipalities in England, Scotland and Wales are used to identify the extra budget that a remote municipality would require in order to provide the same level of public goods as without separation. The approach is illustrated by applying it to the case of the Isle of Wight (UK) and to estimate its annual cost of foregone public goods spillover to be about one-quarter of the island’s actual annual local public spending.
Date: 2019
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/00343404.2018.1548762 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:53:y:2019:i:8:p:1170-1182
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CRES20
DOI: 10.1080/00343404.2018.1548762
Access Statistics for this article
Regional Studies is currently edited by Ivan Turok
More articles in Regional Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().