Bulletin n. 0/2004
December 2004
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
  • Takahashi Takaaki
    Spatial competition of governments in the investment on public facilities
    in Regional Science and Urban Economics , Volume 34, Issue 4 ,  2004 ,  455-488
    I study competition of the governments that make a decision on the investment in their public facilities, which yield an excludable good with nonrivalry. Special attention is paid to their strategic interaction, their spatial relationship, an opportunity to exploit third party regions, and a discrete nature of some of their choices. Their decision making process is analyzed as a two-stage game in a model of a linear economy. I characterize equilibria and discuss welfare implications.
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