G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9741
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
URLhttps://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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