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Although the case for treating human capital as a productive factor is clear, its introduction presents complications since ownership of (or property rights in) human capital cannot be separated from the ownership of (or property rights in) labor itself. Consider a two-region economy. When labor...
Persistent link: https://www.econbiz.de/10011112430
The results of this study for the 50 states imply that considerations of distance play an important role in the migration decision of blacks, with the distance variable being statistically significant at the five percent level or better in 80 percent of the cases. The racial composition variable...
Persistent link: https://www.econbiz.de/10011259706
This reply extends our previous study on migration by estimating a system of simultaneous equations by two stage least squares. This set of results implies even more strongly than our original study, which was a single-equation system estimated by ordinary least squares, that in-migration is...
Persistent link: https://www.econbiz.de/10011110895
This study examines determinants of gross in-migration by race (white and black) over the 1965-1970 time period. The ordinary least squares results reveal that both white migrants and black migrants have an aversion to cold weather and prefer to move shorter rather than longer distances. White...
Persistent link: https://www.econbiz.de/10011111221
This study empirically investigates the impact of not only economic opportunity but also the quality of life, including environmental dimensions, on net in-migration over the 1960-1968 period. Investment is treated as an investment decision. Using available data for the largest SMSAs in the U.S....
Persistent link: https://www.econbiz.de/10011113361