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This paper develops a model in which a continuum of consumers choose from a continuum of locations indexed by school quality. It computes equilibria that are sustained by an equilibrium price function that matches consumers to different locations based on their willingness to pay for school...
Persistent link: https://www.econbiz.de/10005063696
There has much recent academic and policy interest in the issue of spatial clustering of economic activity, with most attention paid to the geographic concentration of high-tech industries. This paper describes patterns of geographic and industrial concentration in UK production industries at...
Persistent link: https://www.econbiz.de/10005328645