Aggregate efficiency and interregional equity: a contradiction?
MPRA Paper from University Library of Munich, Germany
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)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:39477
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