Showing 1 - 7 of 7
This paper examines whether the significant downward shift in U.S. gross migration rates after 2000 is indicative of the economy nearing a stationary spatial equilibrium. Nearness to spatial equilibrium would imply that site-specific factors such as amenities and location within the urban...
Persistent link: https://www.econbiz.de/10008805869
Intellectual appeal and simplicity of use has led to the widespread application of the spatial hedonic model in assessing regional quality of life. Yet, the traditional spatial hedonic approach contains numerous assumptions, which typically are untested. Violation of the assumptions in practice...
Persistent link: https://www.econbiz.de/10011108100
These pages briefly mention the assumption of indifference between residing in different locations which is embodied in spatial equilibrium. Sometimes, for a person, a pure indifference may result, namely gains and costs (monetary or not) are entirely compensated among locations; but sometimes...
Persistent link: https://www.econbiz.de/10011108486
Place-based or geographically-targeted policy has been promoted as a way to help poor regions and the poor people who live there. Yet, such policy has often been attacked by economists as slowing needed economic adjustments, redirecting resources to lower productivity regions, and supporting...
Persistent link: https://www.econbiz.de/10011109390
The strong U.S. real income gains and reductions in poverty during the 1990s were largely erased in the following decade, which contained two economic recessions and tepid job growth otherwise. Areas most affected by weak U.S. economic performance could be expected to also have experienced the...
Persistent link: https://www.econbiz.de/10011114318
Faced with declining economic bases, many nonmetropolitan areas increasingly have become concerned about their future economic viability. A crucial dimension of this concern is the balancing of the need to be cost-competitive in terms of lower taxes against the need for provision of valued...
Persistent link: https://www.econbiz.de/10011114388
Environment, history and chance, shape people and cultures, which shape cities, which shape people and cultures, and so on, in a Systemic Retroactive Game. The quintessential essence of Isotropic (or Isobenefit) Urbanism is to solve Systemic Retroactive Game problems downstream rather than...
Persistent link: https://www.econbiz.de/10011258366