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- W2015406586 abstract "Pointing to the absence of a labor market equilibrium condition in any rural applications of the Thunen model, the author finds that the correct specification recognizes labor as a special input which consumes. The wage must be free to vary to perform the compensation required to keep utility the same at all locations. As the wage varies spatially, both labor intensity (employment) and rents are affected. The correct specification of the labor market in the land use model actually produces a simple amenity model. The amenity is the ability to consume farm goods at a lower cost or the disadvantage of consuming market goods only at higher cost. Most amenities occur at random sites, and may or may not physically disperse over contiguous locations. The model only predicts a pattern of components, not where amenities will be found. 13 references." @default.
- W2015406586 created "2016-06-24" @default.
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- W2015406586 date "2010-09-03" @default.
- W2015406586 modified "2023-10-10" @default.
- W2015406586 title "A Land Use Model with a Constant-Utility Spatially Variant Wage" @default.
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- W2015406586 doi "https://doi.org/10.1111/j.1538-4632.1984.tb00805.x" @default.
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