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dc.contributor.authorPetchey, Jeffrey
dc.date.accessioned2017-01-30T14:33:10Z
dc.date.available2017-01-30T14:33:10Z
dc.date.created2015-04-28T20:00:43Z
dc.date.issued2015
dc.identifier.citationPetchey, J. 2015. An Efficiency Case for Cost Equalisation in a Regional Economy with Migration Externalities, Working Papers: The Centre for Research in Applied Economics, Curtin University of Technology, School of Economics and Finance.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/39345
dc.description.abstract

Cost equalisation, which redistributes income from low to high cost sub-national regions,is practised in many unitary and federal countries as part of broader schemes designed toequalise scal capacities. While these policies are motivated by equity, in this paper I showthat under plausible circumstances cost equalisation enhances economic eciency. Therationale for this striking result has to do with the way that cost dierences across regionsinteract with externalities caused by migration and the role of inter-regional transfers as acorrective instrument. By providing an eciency rationale for cost equalisation, the paperbuilds a more eective bridge between the theory and practice of scal equalisation.

dc.publisherSchool of Economics and Finance, CBS
dc.subjectinter-governmental differentials and - their effects
dc.subjectfederal state relations
dc.subjectintergovernmental relations
dc.subjectfederalism
dc.titleAn Efficiency Case for Cost Equalisation in a Regional Economy with Migration Externalities
dc.typeWorking Paper
dcterms.source.volume2
dcterms.source.seriesWorking Papers: The Centre for Research in Applied Economics
curtin.departmentSchool of Economics and Finance
curtin.accessStatusOpen access


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