An important innovation is to show that the benefits of public goods must be adjusted by a benefit multiplier not previously seen in the literature if an uncompensated MCF is used.doi:10.1111/j.1467-9779.2010.01500.xAuthors: James Anderson...
Cambridge University Press, Cambridge Oates WE (1999) An essay on fiscal federalism. J Econ Lit 37:1120–1149 Olejnik A (2008) Using the spatial autoregressively distributed lag model in assessing the regional conver- gence of per-capita income in the EU25. Pap Reg Sci 87:371–385 123 ...
Driven by a combination of administrative and market forces, the dual and multiplier effects of capital brought about by increased investment in fixed assets and real estate contribute directly to economic growth and industrial restructuring and upgrading, creating new jobs and income security for ...