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North-South Imbalances: Policies in a Spatial Equilibrium

Author

Listed:
  • Antonio Accetturo
  • Alberto Dalmazzo
  • Guido De Blasio

    () (Banca d'Italia
    University of Siena
    Banca d'Italia)

Abstract

The paper introduces mobility costs and non-competitive wage setting into the spatial equilibrium model to analyse regional differences in rents, wages, unemployment and populations. It also considers the impact of policies, such as transfer payments to households and subsidies to firms, and illustrates a numerical exercise to discuss their welfare implications.

Suggested Citation

  • Antonio Accetturo & Alberto Dalmazzo & Guido De Blasio, 2010. "North-South Imbalances: Policies in a Spatial Equilibrium," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 69(2), pages 3-36, July.
  • Handle: RePEc:gde:journl:gde_v69_n2_p3-36
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    Cited by:

    1. repec:wiw:wiwrsa:ersa13p303 is not listed on IDEAS
    2. Guido de Blasio & Samuele Poy, 2014. "The impact of local minimum wages on employment: evidence from Italy in the 1950s," Temi di discussione (Economic working papers) 953, Bank of Italy, Economic Research and International Relations Area.

    More about this item

    Keywords

    Spatial general equilibrium; Public intervention; Social Welfare Function;

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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