James, Rhydian; Midmore, Peter; Thomas, Dennis - In: Spatial Economic Analysis 7 (2012) 4, pp. 447-460
<title>Abstract</title> This paper develops a model that shows how a country can endogenously become differentiated into a private-sector dominated ‘core’ region and a public-sector dominated ‘periphery’. A large public sector is closely associated with peripheral economies, although it is unclear to...