Previous empirical investigations provide evidence of substantial regional variation in the supply elasticity of … housing, and show that the elasticity and its variation across cities within the U.S. are significantly influenced by … indicating that the supply elasticity is largely a local phenomenon, i.e., dependent mainly on city specific factors rather than …

This paper focuses on the relationship between higher wages and capital intensity. The relationship itself is by no … companies. The results show the relationship between higher wages and capital intensity and very strong and it applies to all …