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Quantifying the cost of foregone public goods spillovers on an island

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Quantifying the cost of foregone public goods spillovers on an island. / Cox, Adam; Leonard, Alan; Wohlschlegel, Ansgar.

In: Regional Studies, 08.01.2019.

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@article{820157f0951e4edab68d98a1bbf2be76,
title = "Quantifying the cost of foregone public goods spillovers on an island",
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.",
keywords = "Spending interactions, Local government, Spatial econometrics, Geographical Separation, embargoover12",
author = "Adam Cox and Alan Leonard and Ansgar Wohlschlegel",
year = "2019",
month = jan
day = "8",
doi = "10.1080/00343404.2018.1548762",
language = "English",
journal = "Regional Studies",
issn = "0034-3404",
publisher = "Routledge",

}

RIS

TY - JOUR

T1 - Quantifying the cost of foregone public goods spillovers on an island

AU - Cox, Adam

AU - Leonard, Alan

AU - Wohlschlegel, Ansgar

PY - 2019/1/8

Y1 - 2019/1/8

N2 - 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.

AB - 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.

KW - Spending interactions

KW - Local government

KW - Spatial econometrics

KW - Geographical Separation

KW - embargoover12

U2 - 10.1080/00343404.2018.1548762

DO - 10.1080/00343404.2018.1548762

M3 - Article

JO - Regional Studies

JF - Regional Studies

SN - 0034-3404

ER -

ID: 12257008