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Aggregate efficiency and interregional equity: a contradiction?

Author

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  • Alexiadis, Stilianos

Abstract

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.

Suggested Citation

  • Alexiadis, Stilianos, 2012. "Aggregate efficiency and interregional equity: a contradiction?," MPRA Paper 39477, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:39477
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    File URL: https://mpra.ub.uni-muenchen.de/39477/1/MPRA_paper_39477.pdf
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    More about this item

    Keywords

    Regional Allocation of Investment; Trade-off;

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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