Entry Barriers and Competitive Governance

Friedman, Patri and Taylor, Brad R. (2020) Entry Barriers and Competitive Governance. Journal of Special Jurisdictions, 1 (1). pp. 51-82. ISSN 2691-5480

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Abstract

Existing arguments for competitive governance have for the most part considered the free movement of people among many jurisdictions as necessary and sufficient conditions for competition. This paper argues for the importance of entrepreneurial entry and suggests that barriers to entry should be seen as the primary impediment to robust and effective competition in the market for governance. Competitive entry allows for many policy and institutional ideas to be tested in parallel, leading to perpetual innovation in the market for governance. Low-cost entry also protects against the risks of centralization, collusion, and institutional inertia. This argument provides support for proposals aiming to create new jurisdictions or enable the creation of new non-territorial governance providers, as well as providing insight into the desirability and feasibility of each such proposal.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Faculty/School / Institute/Centre: Historic - Faculty of Business, Education, Law and Arts - School of Commerce (1 Jul 2013 - 17 Jan 2021)
Faculty/School / Institute/Centre: Historic - Faculty of Business, Education, Law and Arts - School of Commerce (1 Jul 2013 - 17 Jan 2021)
Date Deposited: 27 Nov 2020 05:08
Last Modified: 01 Dec 2020 00:26
Uncontrolled Keywords: Public choice, Tiebout competition, competitive governance, non-territorial governance, entry barriers, special economic zones
Fields of Research (2008): 14 Economics > 1402 Applied Economics > 140218 Urban and Regional Economics
14 Economics > 1402 Applied Economics > 140213 Public Economics-Public Choice
16 Studies in Human Society > 1605 Policy and Administration > 160509 Public Administration
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380118 Urban and regional economics
44 HUMAN SOCIETY > 4407 Policy and administration > 440708 Public administration
38 ECONOMICS > 3801 Applied economics > 380113 Public economics - public choice
Socio-Economic Objectives (2008): C Society > 94 Law, Politics and Community Services > 9402 Government and Politics > 940299 Government and Politics not elsewhere classified
C Society > 94 Law, Politics and Community Services > 9402 Government and Politics > 940203 Political Systems
Socio-Economic Objectives (2020): 23 LAW, POLITICS AND COMMUNITY SERVICES > 2302 Government and politics > 230203 Political systems
23 LAW, POLITICS AND COMMUNITY SERVICES > 2302 Government and politics > 230299 Government and politics not elsewhere classified
URI: http://eprints.usq.edu.au/id/eprint/40177

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