摘要:

ABSTRACT.This paper analyzes 1963–77 manufacturing employment growth in the 48 contiguous states. Six factors jointly explain 96 percent of the variance. Markets explains 55 percent; climate, 15 percent; a rural state attraction, 11 percent; unionization, 6 percent; thresholds, 5 percent; and amenities, 4 percent. Resources, taxes, and business climate lack significance. Sunbelt‐Frostbelt is a false dichotomy: the Northwest grew as fast as the South. The real contrast–largely caused by markets–is between growth rates of 6 percent in the Manufacturing Belt, 35 percent in its bordering Transition Zone, and 58 percent in the combined South a

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01067.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.The well‐known extremal principle for the solution of spatial equilibrium for a single commodity [Samuelson (1952)] is extended to deal with the case of disequilibrium caused by rigid prices and/or price controls. Both disequilibrium in consumer markets and in factor markets is covered.The study of disequilibrium is well known in general interdependent economic systems (the so‐called fixed‐price model of interdependent systems). The present work extends this approach to the spatial dimension, and shows how it is possible to represent and solve disequilibrium models by mathematical programming rather than by fixed‐point tec

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01068.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.Theories of trade and migration explain the distribution of individuals among regions based on private good productivities. The theory of local public goods (LPG's) uses collective good consumption economies to explain the size and composition of communities. This essay combines the two theories, to explore regional population heterogeneity and stability. Assuming that individuals must consume and produce in the same jurisdiction, the paper examines the nature of efficient allocations, the tensions between the private and public incentives, the nature of the equilibrium (if any) which migration among jurisdictions will generate, and how such equilibrium will depend on tax rules for sharing the costs of the LPG.

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01069.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.In this paper some of the most important properties of the behavior of a spatial monopsonist are derived. Many results are mirror images of corresponding results for the spatial monopolist. A few results are, however, genuinely new. A lot of effort is spent in comparing the properties of the profit function under three different pricing policies, f.o.b. (mill)‐pricing, uniform delivered pricing, and spatial price discrimination. It is shown, for example, how the profitability and welfare consequences of the different policies are related to the shapes of the supply and demand functions. It is argued that the theory may have important applications in economic analyses of renewable natural resources such as forests, where total transportation costs are nonnegligibl

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01070.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.A two period consumer choice model is presented in which housing is treated as a quality differentiated good. The short‐run comparative static response of rental housing to a price change is examined via an example, an exogenous increase in the inflation rate. Two stylized facts are alternately used; interest income is taxed, and interest rate ceilings are imposed on small savings deposits. The partial equilibrium distributional impact of inflation, in the context of rental housing markets, is also discusse

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01071.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.Residential vacancy chain models based on White's (1971) application of Markov chain theory are used to simulate flows of housing vacancies through a set of interdependent housing market sectors. Measures of housing sector interaction are derived from such models. Our purpose here is to address the issue of time stationarity raised by their use. U.S. census data are available to calibrate such models at two, and sometimes three, points in time. Data from 42 different SMSAs are used to generate 56 cross‐temporal comparisons with interobservation periods ranging from three to eight years. Stability of interaction is addressed from two perspectives–the sectoral perspective and the areawide perspective. Results are mixed and depend upon which measure of interaction is used, which perspective is addressed, and the duration of the interobservation period. However, within limits, findings support continued use of vacancy chain mod

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01072.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.In this paper we specify a Stone‐Geary utility function defined on housing attributes and other goods, empirically estimate the derived system of demand equations, and use the structural parameters to evaluate the benefits and consumption effects of a Belgian public rental housing program. By taking the composition of the bundle of housing attributes provided under the program into account, this study improves upon previous research which–with few exceptions–relies on a composite good, housing ser

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01073.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.The paper characterizes the aggregate demand addressed to firms in a situation such that consumers are allowed to purchase during the same journey several commodities from several firms located in a one‐dimensional space. It is a duopoly in which both firms sell the two commodities. The individual demand is assumed to be price‐inelas

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01074.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

摘要:

ABSTRACT.The question of what conditions insure independence between location and output decisions is investigated within the context of triangle space. Assuming that transportation rates vary with quantity and distance, it is shown that this independence is insured if the production function generates a linear expansion path and the following are all constant: transportation rate elasticities with respect to distance and quantity, and the price elasticity of demand for inputs.

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01075.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1986.tb01076.x

出版商:Blackwell Publishing Ltd    

年代:1986

数据来源: WILEY