Migration with local public goods and the gains from changing places |
| |
Authors: | Peter J Hammond Jaume Sempere |
| |
Institution: | (1) School of Economics, Nagoya University, Furocho Chikusa-ku Nagoya, 464-8601, Japan |
| |
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. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|