区域经济学regional economic development第十章参考.pptVIP

* * * * * * * * * * * * * * * * * * One of the long-standing debates in economics is the question of whether there is necessarily a trade-off between efficiency and equity. Efficiency relates to using factors of production in the best way possible, both in terms of what is produced and how it is produced. Equity is concerned with who gets what is produced. Those who say there is a trade-off between efficiency and equity argue that when government changes the distribution of output or interferes with the allocation of resources, by setting minimum wages, for example, that this leads to a loss