On the consequences of government objectives for economies with mobile populations

成果类型:
Article
署名作者:
Mansoorian, A; Myers, GM
署名单位:
University of Waterloo; York University - Canada
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/S0047-2727(96)01587-3
发表日期:
1997
页码:
265-281
关键词:
FEDERATION migration government objectives
摘要:
We compare the efficiency and social welfare properties of equilibria resulting from different governmental objectives in a federal system with a mobile population. The objectives considered are total utility, average utility, representative resident's utility, and profit maximization. The representative resident approach is unique in that it depends only on utility. It yields the best efficient allocation from the perspective of a government's residents. Average utility yields an efficient allocation that non-residents prefer. Both the profit-maximizing and total utility approaches may lead to inefficient allocations. We also show that the representative resident approach is socially preferred to a total utility approach.
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