Aggregate efficiency and interregional equity: a contradiction?
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.
|Date of creation:||15 Jun 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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