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The Welfare Economics of Autarky, Federalism, and Federation Formation

Author

Listed:
  • Rothstein, P.
  • Hoover, G.

Abstract

Consider a group of isolated or autarkic regions. If the regions from a federation, on expects to see greater efficiency in production at the cost of reduced local control over the distribution of consumption. Under what circumstances is this tradoff even potentially beneficial to all regions?

Suggested Citation

  • Rothstein, P. & Hoover, G., 2000. "The Welfare Economics of Autarky, Federalism, and Federation Formation," Papers 207, Western Sydney - School of Business And Technology.
    • Handle: RePEc:fth:wesybu:207
    as

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    More about this item

    Keywords

    FEDERATION ; REGIONAL ECONOMY ; TAX POLICY;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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