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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9741 |
DP9741 People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs | |
Enrico Moretti; Patrick Kline | |
发表日期 | 2013-11-17 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of ``place based'' policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place based policies have the potential to profoundly affect the location of economic activity, along with the wages, employment, and industry mix of communities. These programs are widespread in the U.S. and throughout the world, but have only recently been studied closely by economists. We consider the following questions: Who benefits from place based interventions? Do the national benefits outweigh the costs? What sorts of interventions are most likely to be effective? To study these questions, we develop a simple spatial equilibrium model designed to characterize the welfare effects of place based policies on the local and the national economy. Using this model, we critically evaluate the economic rationales for place based policies and assess the latest evidence on their effects. We conclude with some lessons for policy and directions for future research. |
主题 | International Trade and Regional Economics ; Labour Economics ; Public Economics |
关键词 | Place based policies Spatial equilibrium Subsidies. Taxes |
URL | https://cepr.org/publications/dp9741 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538577 |
推荐引用方式 GB/T 7714 | Enrico Moretti,Patrick Kline. DP9741 People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs. 2013. |
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