Inter‐ and intraregional inequality in a spatial economy.

In this paper, we develop a three‐region economic geography model with workers of heterogeneous skills and mobility rates to consider how first‐nature, regional differences impact both inter‐ and intraregional inequality. In our model, the skill premium within a region summarizes both the degree of...

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Publicado en:Journal of Regional Science Vol. 63; no. 4; pp. 981 - 1001
Autores principales: Lopez, Juan Carlos, Morita, Tadashi
Formato: Artículo
Publicado: Wiley-Blackwell Sep2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Sep2023
      vid: 63
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      pub: Wiley-Blackwell
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        171385759
        10.1111/jors.12646
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        atl: Inter‐ and intraregional inequality in a spatial economy.
      aug:
        au:
          Lopez, Juan Carlos
          Morita, Tadashi
        affil:
          Department of Economics, University of Denver, Denver CO,, USA
          Department of Public Management, Graduate School of Economics, Kindai University, Osaka, Japan
      su:
        Housing
        Economic models
        Elasticity (Economics)
        Unskilled labor
        Regional economic disparities
        Relief models
        Demand function
      sug:
        subj:
          Housing
          Economic models
          Elasticity (Economics)
          Unskilled labor
          Regional economic disparities
          Other Community Housing Services
          Relief models
          Demand function
      keyword:
        economic geography
        housing demand
        housing supply and markets
        inequality
        regional convergence
        regional migration
        wage differentials
        economic geography
        housing demand
        housing supply and markets
        inequality
        regional convergence
        regional migration
        wage differentials
      ab: In this paper, we develop a three‐region economic geography model with workers of heterogeneous skills and mobility rates to consider how first‐nature, regional differences impact both inter‐ and intraregional inequality. In our model, the skill premium within a region summarizes both the degree of intraregional inequality between mobile, skilled workers and immobile, unskilled workers and the interregional inequality through differences in the welfare of unskilled workers across regions. Regions with the highest skill premium have the greatest degree of intraregional inequality and provide the lowest level of welfare to unskilled workers, relative to other regions. We find that the skill premium will be higher in regions with a greater supply of unskilled labor, lower supply of housing, or are more remote. An increase in a region's housing supply or centrality will lower intraregional inequality and raise the welfare of the local, unskilled workforce. However, the magnitude of these changes are declining in the initial number of skilled workers in the region. The model is extended to consider imperfectly elastic housing supply. The larger the price elasticity of housing, the larger the range of values, such that more populated regions will host a disproportionate share of skilled workers, have lower levels of intraregional inequality, and provide higher levels of welfare for unskilled workers.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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