The Library
Migration with local public goods and the gains from changing places
Tools
Hammond, Peter J. and Sempere, Jaume (2009) Migration with local public goods and the gains from changing places. Economic Theory, Vol.41 (No.3). pp. 359-377. doi:10.1007/s00199-008-0400-6 ISSN 0938-2259.
|
PDF
WRAP_Hammond_Local_public_goods.pdf - Draft Version - Requires a PDF viewer. Download (208Kb) |
Official URL: http://dx.doi.org/10.1007/s00199-008-0400-6
Abstract
Without public goods and under fairly standard assumptions, in Hammond and Sempere (J Pub Econ Theory, 8: 145–170, 2006) we show that freeing migration enhances the potential Pareto gains from free trade. Here, we present a generalization allowing local public goods subject to congestion. Unlike the standard literature on fiscal externalities, our result relies on fixing both local public goods and congestion levels at their status quo values. This allows constrained efficient and potentially Pareto improving population exchanges regulated only through appropriate residence charges, which can be regarded as Pigouvian congestion taxes.
Item Type: | Journal Article | ||||
---|---|---|---|---|---|
Subjects: | J Political Science > JV Colonies and colonization. Emigration and immigration. International migration H Social Sciences > HB Economic Theory |
||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Emigration and immigration -- Economic aspects, Public goods, Externalities (Economics), Equilibrium (Economics), Free trade | ||||
Journal or Publication Title: | Economic Theory | ||||
Publisher: | Springer | ||||
ISSN: | 0938-2259 | ||||
Official Date: | December 2009 | ||||
Dates: |
|
||||
Volume: | Vol.41 | ||||
Number: | No.3 | ||||
Number of Pages: | 19 | ||||
Page Range: | pp. 359-377 | ||||
DOI: | 10.1007/s00199-008-0400-6 | ||||
Status: | Peer Reviewed | ||||
Access rights to Published version: | Restricted or Subscription Access | ||||
Funder: | European Commission (EC) | ||||
Grant number: | MEXC-CT-2006-041121 (EC) |
Data sourced from Thomson Reuters' Web of Knowledge
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |
Downloads
Downloads per month over past year