Project Details
Description
The "cost of capital" concept has been built in an a-spatial context. While commonly used,
this approach is not exempt of criticisms. In particular, the plausibility of undifferentiated-space assumption is questioned.
The object of the research is :
1. to extend the cost of capital framework by accounting for space;
2. to determine what regional policy has to be implemented to make up for regional disparities
in productivity.
this approach is not exempt of criticisms. In particular, the plausibility of undifferentiated-space assumption is questioned.
The object of the research is :
1. to extend the cost of capital framework by accounting for space;
2. to determine what regional policy has to be implemented to make up for regional disparities
in productivity.
| Status | Finished |
|---|---|
| Effective start/end date | 1/01/06 → 31/12/08 |
Keywords
- productivity differential
- Cost of capital
- space
- effective tax rates
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