Municipal annexation and local monopoly
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Rodolfo A. Gonzalez; Stephen L. Mehay
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Article
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1987
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Springer US
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English
β 612 KB
Consider an economy composed of spatially separate regions in the sense that migration across regions affects significantly the rewards that individuals derive from private activities. If land prices in a region are competitively determined, the benefits of locating in that region will not be fully