TIME, HEDONIC MIGRATION, AND HOUSEHOLD PRODUCTION*
作者:
Michael P. Shields,
期刊:
Journal of Regional Science
(WILEY Available online 1995)
卷期:
Volume 35,
issue 1
页码: 117-134
ISSN:0022-4146
年代: 1995
DOI:10.1111/j.1467-9787.1995.tb01402.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
ABSTRACT.A hedonic migration modelisdeveloped where regional amenities are viewed as influencing household production within the framework of the new demand theory. The inputs to household production are goods, time and housing. It is shown that economic growth in the economy as a whole will increase the relative attractiveness of regions that are relatively time‐saving, in the sense that they have a lower time elasticity of household production. Hence, migration will flow into time saving regions and housing costs in those regions will rise as real GDP grow
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