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Compatibility Between Equity and Efficiency

  • Stilianos Alexiadis
Chapter
  • 368 Downloads

Abstract

Regional policies are mainly development policies and often imply a trade-off between ‘regional equity’ and ‘aggregate efficiency’. A policy improving regional equity may incur losses in the efficiency of the economy as a whole and vice versa. This, however, is a simplistic interpretation. There is a possibility for these aims being complementary rather than competitive. This chapter develops a conceptual framework in order to detect cases of conflict-resolution, namely, cases in which the aims of ‘regional equity’ and ‘aggregate efficiency’ are compatible.

Keywords

Overcoming trade-offs Development strategy Regional planning Regional policy evaluation 

JEL Classification

R10 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Stilianos Alexiadis
    • 1
  1. 1.Department of Strategic Planning of Rural Development, Evaluation & DocumentationGreek Ministry of Rural Development and FoodAthensGreece

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