1.

Record Nr.

UNINA9910299642003321

Autore

Alexiadis Stilianos

Titolo

The Dilemma of Regional Policy : Increasing 'Efficiency' or Improving 'Equity'? / / by Stilianos Alexiadis

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Pivot, , 2018

ISBN

9783319689005

3319689002

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (XV, 117 p. 5 illus.)

Collana

Palgrave pivot

Disciplina

338.9

Soggetti

Regional economics

Space in economics

Econometrics

Finance, Public

Development economics

Regional and Spatial Economics

Quantitative Economics

Public Economics

Development Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Chapter 1. Setting the Overall Context -- Chapter 2. Regional Allocation of Investment -- Chapter 3. Conflicts in Regional Policy -- Chapter 4. Compatibility between Equity and Efficiency -- Chapter 5. Conclusion.

Sommario/riassunto

Applying the principles of Optimal Control Theory to the problem of regional allocation of investment can be a useful tool for demonstrating how the trade-off between regional equity and overall efficiency can be overcome. This book poses the following questions: are spatial inequalities harmful for overall efficiency? How is the economist to assist the policy-maker in establishing generally applicable criteria or policies when the aims include equity as well as efficiency? Alexiadis analyses the 'equity versus efficiency' dilemma in the allocation of



scarce resources, expressing the argument in mathematical terms; an issue of particular importance in development planning and programming. This is invaluable reading for final year and postgraduate students of regional, development and mathematical economics, as well as researchers, policy makers and all those working in regional development institutions.