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Papers of the Regional Science Association

, Volume 67, Issue 1, pp 1–11 | Cite as

Presidential address: Spatial interdependence and externalities

  • Noboru Sakashita
Article
  • 7 Downloads

Abstract

Pecuniary externalities in a two-region economy are examined from several aspects. The analysis includes fiscal externality, inefficiency of free migration, and inefficiency of autarky non-wage income sharing. Measures to restore the productive efficiency that is lacking in the multiregion economy with local public goods are discussed. Finally, a new aspect of the interregional allocation of residential activities is analyzed as the economics of multi-habitation.

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References

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Copyright information

© The Regional Science Association 1989

Authors and Affiliations

  • Noboru Sakashita
    • 1
  1. 1.Institute of Socio-Economic PlanningUniversity of TsukubaTsukuba, IbarakiJapan

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