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Quantifying the cost of foregone public goods spillovers on an island

Research output: Contribution to journal › Article

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
JournalRegional Studies
Early online date8 Jan 2019
DOIs
Publication statusEarly online - 8 Jan 2019

Documents

  • WOHLSHLEGEL_2018_cright_RS_Quantifying the Cost of Foregone Public Goods Spillovers on an Island

    Rights statement: This is an Accepted Manuscript of an article published by Taylor & Francis in Regional Studies on 08.01.2019, available online: http://www.tandfonline.com/doi/full/10.1080/00343404.2018.1548762.

    Accepted author manuscript (Post-print), 338 KB, PDF document

    Due to publisher’s copyright restrictions, this document is not freely available to download from this website until: 8/07/20

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