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Published in:
Regional Allocation of Public Investment Read chapter Read first chapter

1996 | OriginalPaper | Chapter

Presidential Address: Spatial Interdependence and Externalities

Author : Noboru Sakashita

Published in: Optimum and Equilibrium for Regional Economies

Publisher: Springer Berlin Heidelberg

Included in: Professional Book Archive

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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.

previous chapter Optimum Location of Public Facilities Under the Influence of the Land Market
next chapter Optimal Utilization of the Central Business District with Economy and Diseconomy of Agglomeration
Metadata
Title
Presidential Address: Spatial Interdependence and Externalities
Author
Noboru Sakashita
Copyright Year
1996
Publisher
Springer Berlin Heidelberg
Book
Optimum and Equilibrium for Regional Economies

Print ISBN: 978-3-642-80137-2

Electronic ISBN: 978-3-642-80135-8

Copyright Year: 1996

DOI
https://doi.org/10.1007/978-3-642-80135-8_12