Migration Equilibria in Regional Economies: A Multi-Period CGE Analysis of an Improvement in Local Amenities

Peter McGregor, John K. Swales and Ya Ping Yin
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John K. Swales: University of Strathclyde
Ya Ping Yin: University of Strathclyde

Chapter 17 in Recent Advances in Spatial Equilibrium Modelling, 1996, pp 346-358 from Springer

Abstract: Abstract In this paper we investigate the possible system-wide impacts on the local economy of an improvement in amenities. The amenity improvement could take a variety of forms, such as upgrading the environment or enhancing local public service provision, and might involve public sector action.1 However, we here take the change to be entirely exogenous, and concentrate solely on the lasting economic consequences of the amenity improvement (relative to other regions). We are therefore not concerned with any transitory stimulus that expenditures associated with amenity improvement may bring, nor do we attempt to assess ‘non-economic’ effects on the quality of life in the locality.

Keywords: Unemployment Rate; Labour Supply; Capital Stock; Real Wage; Computable General Equilibrium (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-3-642-80080-1_17

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