Social Optimum Under Moving Cost: Some Further Results

M. R. Narayana
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M. R. Narayana: Institute for Social and Economic Change

Indian Economic Review, 1993, vol. 28, issue 2, 229-234

Abstract: This note demonstrates that the problem of aggregation in modeling individual migration behavior as a response to fiscal and nonfiscal factors is not concomitant with moving costs. On the other hand, it depends on the specification of the utility function with moving costs. An additively separable utility function is specified to devise some implications with regard to social optimum.

JEL-codes: D60 J61 (search for similar items in EconPapers)
Date: 1993
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