Trade in a Tiebout Economy
研究了劳动力完全流动、政府内生决策的多区域蒂布特经济体中商品贸易的正规和规范问题,证明均衡时各区域专业化生产一种贸易品且均衡是帕累托有效的。
Trade in a Tiebout EconomyThis paper explores both the positive and normative aspects of interregional commodity trade in a "Tiebout e conomy, " i.e., a many-region economy with perfect labor mobility and endogenous government decision making. For a model with scale econom ies in public good consumption, it is shown that any equilibrium is a symmetric; regions containing the same types of individuals and production possibilities nevertheless differ in the traded goods which they produce and the public-good levels which they provide residents. In fact, each region specializes in producing only one of the traded private goods. The paper proves that an equilibrium is Pareto efficient. Copyright 1987 by American Economic Association.