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- W4285299368 abstract "We try to examine the optimal number of the regions or the optimal number of the population would be? The Henry George theorem is about the optimal supply of local public goods. The theorem asserts that the optimal population of a region is attained when the total expenditure on the public goods equals the total revenue of the land rents. This theorem had been discussed in static frameworks. We examine this theorem in a dynamic framework. We used an overlapping-generations model and derived the optimal dynamic path of the economy, and we try to examine the theorem. As the result, it is shown that the theorem holds in a steady state, but does not hold on the optimal path which is converging to the steady state." @default.
- W4285299368 created "2022-07-14" @default.
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- W4285299368 date "2022-01-01" @default.
- W4285299368 modified "2023-09-29" @default.
- W4285299368 title "Dynamic Model of Urbanization with Public Goods" @default.
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- W4285299368 doi "https://doi.org/10.1007/978-981-16-6695-7_8" @default.
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