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This paper employs a simultaneous-equations model to examine the regional labor market adjustment process for a sample of United States counties over the 1960–1970 period. The interaction between employment change and migration is well known, but that between employment change and labor force...
The study analyzes linkages between the policy recommendation resulting from a multiregional-multicommodity national transportation development model and its implementation programs that the government of Korea has adopted and revised for its Fifth Five Year Development Plans in the...
During the mid and late 1970s housing price inflation made the purchase of a home problematic for large numbers of Americans. This paper uses Annual Housing Survey (AHS) data from five successive years, 1974 to 1978, to analyze the extent of the affordability crisis. It outlines the changes in...
Whenever a consumer can acquire a good or service more conveniently by paying a per-unit premium, the number of units purchased in a particular transaction becomes important. Furthermore, the potential “convenience” associated with the consumption process is often independent of the number of...
The objective of this paper is to determine the optimum allocation and pricing pattern of Southern Pine lumber as well as to evaluate the current and future demand-supply situation. With regard to the latter, spatial equilibrium of the Southern Pine lumber market is analyzed, and a comparative...
An expense-preference model is the basis for the representation of professional management's interests and the consequent location of the firm's plant. In a linear space the model does not exclude intermedite locations, as is the case in profit-maximization models. On the basis of comparative...
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