The role of equilibrium and disequilibrium in modeling regional growth and decline: a critical reassessment

While unable to copy/paste the abstract, the paper argues that regional differentials in wages and rents are overwhelmingly of an equilibrium nature, with disequilibrium forces having little systematic influence

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Year of publication:	1993
Authors:	Graves, Philip E. ; Mueser, Peter R.
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	migration \| regional growth and decline \| amenities \| disequilibrium \| equilibrium \| location

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	O18 - Regional, Urban, and Rural Analyses ; N9 - Regional and Urban History ; A1 - General Economics ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; J0 - Labor and Demographic Economics. General ; D1 - Household Behavior and Family Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008567668