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Aggregate efficiency and interregional equity: a contradiction?

Stilianos Alexiadis

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Regional Allocation of Investment; Trade-off (search for similar items in EconPapers)
JEL-codes: R10 (search for similar items in EconPapers)
Date: 2012-06-15
New Economics Papers: this item is included in nep-geo
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