RT info:eu-repo/semantics/article
T1 Perpetuating regional asymmetries through income transfers
A1 Morales, Jose Rodolfo
K1 New Economic Geography
K1 Dutch disease
K1 Income transfers
AB This paper studies the effect of income transfers on the distribution of economic activity through a modified FE model. The model incorporates some key features of the Dutch disease literature: sectorial mobility and non-tradable goods. If foreign competition is high (high trade openness), transfers could cause a Dutch disease in the short and long runs. For intermediate levels of foreign competition, Dutch disease appears only in the short run. And, for low levels, the recipient region always benefits from the income transfers.Additionally, when economies of scale are large, the transfers could perpetuate a core–periphery structure.
PB ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
SN 1742-1772
YR 2020
FD 2020
LK https://uvadoc.uva.es/handle/10324/51701
UL https://uvadoc.uva.es/handle/10324/51701
LA spa
NO Spatial Economic Analysis, 2020, vol. 16, n.1, p.73-96.
NO Producción Científica
DS UVaDOC
RD 23-dic-2024