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Industrial Mobility and Public Policy (Paperback, Softcover reprint of the original 1st ed. 1996)
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Industrial Mobility and Public Policy (Paperback, Softcover reprint of the original 1st ed. 1996)
Series: Contributions to Economics
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The widespread debate on industrial mobility and on the
consequences of industrial mobility for the income of local
resources has motivated me to look closer at some immanent
questions concerning optimal public policy. I think that regarding
locations as endowed with some stock of local resources (especially
local labour) and regarding local policy makers as interested in a
high income of local resources is a quite realistic approach to the
issue of rent-shifting public policy in view of industrial
mobility. My attention has been especially drawn to the role of
inter-industry mobility differentials for public policy. As soon as
the discussion focuses on local resources, it becomes clear that
the expansion of a mobile industry at some location will absorb
local resources which may come from local immobile industries and
that the contraction of a mobile industry will release local
resources which may go to local illliIlobile industries. The
present study is my dissertation for a doctorate in economics at
the Universitat Mannheim. It evolved at the Universitat Mannheim,
where I have been member of the Graduiertenkolleg Finanz- und
Gutermarkte since October 1993, and at the University College
London, where I stayed as a participant in the European Network for
Training in Economic Research (ENTER) from November 1994 to April
1995. The implicit support by the Deutsche F orschungsgemeinschaft
and the ERASMUS programme is gratefully acknowledged.
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