Innovation and Imitation Across Jurisdictions

We consider cities which can increase the income of landowners or of capital owners by improving the quality of public services. The improvement can come from innovation or from imitation. We find that when cities aim to benefit landowners, too many cities innovate; but too few cities innovate when the city aims to benefit capital owners. Redistribution across cities can ameliorate these inefficiencies.

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Year of publication:	2007-11
Authors:	Glazer, Amihai ; Kondo, Hiroki
Institutions:	Department of Economics, University of California-Irvine
Subject:	Tax competition \| Innovation \| Interjurisdictional differences

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 070807 21 pages
Classification:	R13 - General Equilibrium and Welfare Economic Analysis of Regional Economics ; H73 - Interjurisdictional Differentials and Their Effects
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004970911