摘要:

ABSTRACT.This paper discusses the problem of the optimal location of public facility(ies) in a long narrow city, especially taking into consideration the externality‐internalizing effect of the land market. It shows a systematic approach to dealing with the land market mechanism in first a one‐facility and then a two‐facility case. The analysis assures the importance of posing the location‐optimizing problem even under the influence of the land

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01140.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.A survey of regional monetary theory suggests a regional segmentation of financial markets on the basis of differences in portfolio preference, or market imperfections. These possibilities are explored here using post‐Keynesian monetary theory. It is concluded that the availability of credit to a region depends more on the (potentially volatile) degree of confidence in the regional economy. The amount of liquidity thus generated depends on the propensity for capital flight due to liquidity preference. The resulting tendency for regions attracting low degrees of confidence to experience liquidity shortage will be greater the more integrated the national banking syste

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01141.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.The purpose of this study is to examine the effects of local household tax burdens and other community attributes on the supply of business sites made available by local municipalities. A model of community site supply is tested in which municipalities trade off increased fiscal benefits from business location and reductions in environmental quality that accompany industrial and commercial development. This tradeoff is embodied in municipal zoning decisions. Empirical analysis of industrial and commercial zoning in two rapidly growing suburban counties of the Philadelphia metropolitan area provides considerable support for the tenets of community site supply theory.

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01142.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.This paper explores the determinants of population and employment densities interregionally. The theoretical model, due to Steinnes and Fisher, permits simultaneous determination of population and employment densities. This is applied to data for about 3,000 counties in the U.S. to analyze the effects of economic, demographic, climatic, and policy‐related variables on the growth of population and employment, during the 1970s. Considering employment, differential county growth is explained in terms of economic and demographic conditions; regional and policy variables matter less. For population, climate matters as a preference for sunbelt states is found. Local government programs regarding education and tax policy seem to play a rol

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01143.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.In this paper we propose new algorithms for the solution of both general and standard spatial price equilibrium problems, and test their performance with existing algorithms on randomly generated problems. For the standard problem, we propose decomposition schemes based on the concept of “equilibration operator” and compare their performance with the Frank‐Wolfe method. For the general problem, we present alternative variational inequality formulations defined over Cartesian products of sets and then exploit these formulations to construct Gauss‐Seidel‐type serial decomposition methods. We then compare their performance with the projection method. Our computational tests suggest that the new schemes are substantially more efficient than ear

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01144.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.General spatial price equilibrium models are formulated as variational inequalities. Sensitivity analysis results recently developed for variational inequalities are reviewed which give conditions for existence and equations for calculating the derivatives of solution variables with respect to perturbation parameters. These results are applied to the variational inequality formulations of general spatial price equilibria, and derivatives of supplies, demands, flows, and prices with respect to perturbations of supply functions, demand functions, and transportation‐cost functions are calculate

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01145.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.This paper discusses the formulation and estimation of sets of demand systems for six New Zealand regions. The chosen model is based on the Linear Expenditure System, constrained in various ways to take account of interregional differences in consumer behaviour. Our results suggest that income and price elasticities of demand vary significantly between regions, suggesting that regional employment and output patterns are likely to differ in their responses to changes in aggregate demand.

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01146.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.The intertemporal structure of regional nominal‐wage differentials by race is estimated using panel data from 1973 through 1978. This allows for a more complete analysis of the time pattern of changes in wage differentials, which is not possible from cross‐sectional studies. The findings indicate that, in addition to the presence of substantial locational differentials, there was a systematic change in the differentials over t

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01147.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

摘要:

ABSTRACT.Summarizing the foregoing discussions in this journal on testing for regional homogeneity the present note shows that in the model of Zellner's seemingly unrelated regressions one test statistic may be used not only to test for overall homogeneity but also to examine for individual coefficient homogeneity. This aim is achieved by varying the linear restrictions in the test statistic according to different problems. To illustrate these tests regional consumption functions for the 11 Bundesläder (States) of the Federal Republic of Germany are used

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01148.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY

ISSN:0022-4146    

DOI:10.1111/j.1467-9787.1987.tb01149.x

出版商:Blackwell Publishing Ltd    

年代:1987

数据来源: WILEY