Liontakis, Angelos - In: Economies : open access journal 8 (2020) 2/40, pp. 1-12
This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...