Externalities vs internalities: a model of political integration
Externalities vs internalities: a model of political integration
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DOI:
10.1016/s0047-2727(97)00090-x
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发表时间:
1998-05-01
影响因子:
9.8
通讯作者:
Ellingsen, T
中科院分区:
文献类型:
--
作者:
Ellingsen, T
Decentralized government leads to inter-regional externalities. Whereas an integrated jurisdiction solves the externality problem, centralized government entails other costs-in particular a neglect for minority interests. The paper models formally the trade-off between these two forces in determining the optimum as well as the equilibrium design of jurisdictions. Both the relative size of regions and the distribution of tastes are shown to be important parameters of the problem. (C) 1998 Elsevier Science S.A.