摘要:

ABSTRACT.The extent to which the value of locational attributes is capitalized into wages rather than rents is analyzed in a general equilibrium framework. This paper differs from earlier work by taking into account local and regional attributes and makes distinctions among residential, commercial, and mixed‐use communities. The theory implies that in localities with both individuals and firms, wages and rents are simultaneously determined, while in exclusively residential localities the model is recursive. The major theoretical insights are consistent with estimations of the model using data from the University of Michigan's Panel Study of Income Dynamic

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00138.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

摘要:

ABSTRACT.Intertemporal differences in input‐output coefficients can be attributed to technological change and to changes in the mix of products composing the aggregate sectors of input‐output models. In this work, we develop the theoretical foundation necessary to separate these changes for both the structural and Leontief inverse matrices. Using this foundation, we examine the relative empirical importance of technological and product‐mix change. The product‐mix effect is then combined with RAS estimates of the technological effect to form updated estimates of the inverse. Results show that the accuracy of updated input‐output coefficients can be improved in th

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00139.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

摘要:

ABSTRACT.In this paper, I present a model incorporating two kinds of spatial labor markets: a centralized competitive market at the central business district (CBD) and dispersed local markets across economic space under imperfect competition. Wage differentials and the size of the two types of markets are endogenously determined by rational choices of workers as well as profit maximization of firms. Workers can exercise rational choices with respect to market places where they commute and supply their labor. In this model, I attempt, in effect, to integrate the Hotelling‐type paradigm and the Samuelson‐type paradigm in a consistent spatial sett

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00140.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

摘要:

ABSTRACT.The spatial price equilibrium on a general network may be formulated as a nonlinear‐cost mathematical programming problem with simple constraints, when the decision variables are the path flows. The solution of this problem is difficult due to the very large number of variables (paths) and the impracticality of generating all the paths from all the origins to all the destinations.In this paper, we develop a Gauss‐Seidel‐Newton Projection algorithm and combine it with a restriction strategy. That makes it unnecessary to generate a priori all the paths. This algorithm may be further improved by exploiting the equivalence between the spatial price equilibrium on a general network and the network equilibrium. Computational results that we present in this paper demonstrate the efficiency of the proposed solution algor

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00141.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

摘要:

ABSTRACT.Policy makers often try to raise a region's income by altering its industrial mix. However, such attempts to increase local income may have an adverse effect on the stability of the region's economy. In this paper, we develop single‐, aggregate‐, and multiregional portfolio models that can be used by policy makers to generate frontiers of risk/income‐efficient industrial mixtures for a regional economy. These portfolio models are modified for application to the tourist industry in six regions of Spain. In practice, we find that the introduction of bounds on the magnitude of sector rebalancing has a major effect on the model solu

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00142.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

摘要:

ABSTRACT.This paper presents a full‐analogue regression model of the deterministic shift‐share method, for analyzing the components of regional employment change. The model is formulated as a constrained least squares regression problem. This leads to a direct determination of estimates for the national, industrial, and regional growth coefficients. The statistical significance of these coefficients and the overall model can then be tested by using standard regression test statist

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00143.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

摘要:

Book reviewed in this article:Figured Tapestry: Production, Markets, and Power in Philadelphia Textiles, 1885–1941, by Philip Scranton.Agriculture and National Development: Views on the Nineteenth Century, edited by Lou Ferleger.Urban Relocation in Archaic and Classical Greece: Flight and Consolidation, by Nancy H. Demand.The Capitalist Imperative: Territory, Technology, and Industrial Growth, by Michael Storper and Richard Walker.The Isolated City State: An Economic Geography of Urban Spatial Structure, by Yorgos Y. Papageorgiou.Post‐Industrial Philadelphia: Structural Changes in the Metropolitan Economy, by William J. Stull and Janice Fanning Madden.The Location of Jobs in a Developing Metropolis: Patterns of Growth in Bogota and Cali, Columbia, by Kyu Sik Lee.The Economics of Housing Markets, by Richard F. Muth and Allen C. Goodman.Geographical Information Systems for Urban and Regional Planning, edited by Henk J. Scholten and John C. H. Stillwell.Spatial Energy Analysis, edited by Lars Lundqvist, Lars‐Goran Mattsson, and Erik A. Eriksson.Transportation for the Future, edited by David F. Batten and Roland Thord.United States Railroad Policy: Uncle Sam at the Throttle, by Jeffrey Orenstein.Transportation Service to Small Rural Communities: The Effects of Deregulation, by John F. Due, Benjamin J. Allen, Mary R. Kihl, and Michael R. Crum.Bus Deregulation and Privatisation: An International Perspective, edited by John S. Dodgson and Neville Topham.Service Industries in Regional Development, by William J. Coffey and James J.

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00144.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00145.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1991.tb00146.x

出版商:Blackwell Publishing Ltd    

年代:1991

数据来源: WILEY