ANTIAGGLOMERATION SUBSIDIES WITH HETEROGENEOUS FIRMS*
研究了在核心-外围模型中，针对劳动生产率异质的企业，搬迁补贴如何影响企业选址，并发现按利润比例补贴能吸引高生产率企业迁往外围，提升外围福利和平均生产率。
ABSTRACT This paper studies antiagglomeration subsidies in a core–periphery setting when firms are heterogeneous in labor productivity, focusing on the effects of a relocation subsidy on firm location in various tax‐financing schemes (local vs. global). I discuss how a subsidy can enhance welfare and average productivity in the periphery. As a result, I find that a subsidy proportional to profits can induce the relocation of high‐productivity firms and thus increase welfare and average productivity in the periphery. Concerning tax‐financing schemes, a local tax‐financing scheme has an optimal level of subsidy.