Why cities should not be subsidized
Abstract
The paper deals with the question of whether fiscal transfers re-ceived by cities can be justified by a higher cost of producing publicly provided goods. In the model, increasing the population density implies both a higher output per capita due to agglomeration economies and a higher cost of the publicly provided good due to congestion. It is shown that introducing fiscal transfers to be paid by the region with the lower population density will generally reduce welfare. This result is obtained since the city is already beyond the level of optimum agglomeration.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Journal of Urban Economics.
Volume (Year): 52 (2002)
Issue (Month): 3 (November)
Pages: 433-447
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/622905
Related research
Keywords:Other versions of this item:
- Robert Fenge & Volker Meier, 2001. "Why Cities Should not be Subsidized," CESifo Working Paper Series 546, CESifo Group Munich.
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Eichhorst, Anja, 2007. "Evaluating the need assessment in fiscal equalization schemes at the local government level," The Journal of Socio-Economics, Elsevier, vol. 36(5), pages 745-770, October.
- Albert Solé-Ollé & Elisabet Viladecans-Marsal, . "Cities as engines of regional growth," Studies on the Spanish Economy 145, FEDEA.
- David Albouy, 2009. "What Are Cities Worth? Land Rents, Local Productivity, and the Capitalization of Amenity Values," NBER Working Papers 14981, National Bureau of Economic Research, Inc.
- Thiess Buettner & Fédéric Holm-Hadulla, 2008. "Cities in Fiscal Equalization," CESifo Working Paper Series 2447, CESifo Group Munich.
- Albert Solé Ollé & Elisabet Viladecans Marsal, 2003. "Fiscal and growth spillovers in large urban areas," Working Papers 2003/1, Institut d'Economia de Barcelona (IEB).
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