Quantifying the cost of foregone public goods spillovers on an island

Adam Cox, Alan Leonard, Ansgar Wohlschlegel

Research output: Contribution to journalArticlepeer-review

47 Downloads (Pure)

Abstract

We develop a framework for quantifying the cost of the lack of public goods spillovers from neighbouring municipalities for a geographically separated municipality. We use parameter estimates from a spatial panel regression of local public expenditure in 205 municipalities in England, Scotland and Wales to identify the extra budget that a remote municipality would require in order to provide the same level of public goods as without separation. We illustrate our approach by applying it to the case of the Isle of Wight and estimate its annual cost of foregone public goods spillover to be about a quarter of the Island's actual annual local public spending.
Original languageEnglish
Article number0
Pages (from-to)1170-1182
Number of pages13
JournalRegional Studies
Volume53
Issue number8
Early online date8 Jan 2019
DOIs
Publication statusPublished - 1 Aug 2019

Keywords

  • Spending interactions
  • Local government
  • Spatial econometrics
  • Geographical Separation

Fingerprint

Dive into the research topics of 'Quantifying the cost of foregone public goods spillovers on an island'. Together they form a unique fingerprint.

Cite this