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Migration cost externality and interregional equilibrium

โœ Scribed by Chang-Ho Shin


Publisher
Springer
Year
1994
Tongue
English
Weight
837 KB
Volume
28
Category
Article
ISSN
0570-1864

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In a region with shared water aquifers, the use of water by one country becomes an externality to another. A policy to subsidize water is shown to lead to both countries being made worse o. However, such policies tend to receive the support of special interests having water rights, and those in sect