The Dilemma of Regional Policy Increasing 'Efficiency' or Improving 'Equity'? /

• Main Author: Alexiadis, Stilianos (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Pivot, 2018.
• Edition: 1st ed. 2018.
• Subjects: Regional economics.; Spatial economics.; Economic theory.; Public finance.; Development economics.; Regional/Spatial Science.; Economic Theory/Quantitative Economics/Mathematical Methods.; Public Economics.; Development Economics.

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...