Migration With a Composite Amenity: The Role of Rents
Journal of Regional Science, Vol. 23, No. 4, pp. 541-546, November 1983
6 Pages Posted: 27 Jul 2009 Last revised: 4 Aug 2010
Date Written: 1983
Abstract
Rents are shown here to be more appropriately interpreted as a composite amenity, a "benefit of living" rather than a "cost of living." This is seen in a model in which migrants with rising average incomes move to higher rent locations other things equal, rather than the lower rent locations that would be expected in a price search approach.
Keywords: migration, amenities, rents, non-traded goods
JEL Classification: D01, Q51, R11, R23,
Suggested Citation: Suggested Citation
Graves, Philip E., Migration With a Composite Amenity: The Role of Rents (1983). Journal of Regional Science, Vol. 23, No. 4, pp. 541-546, November 1983 , Available at SSRN: https://ssrn.com/abstract=1438712
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