Efficient Resource Allocation in a Multinucleated City
John Hartwick and
Philip G. Hartwick
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Philip G. Hartwick: Queen's University
No 86, Working Paper from Economics Department, Queen's University
Abstract:
Mills' programming model of efficient resource allocation in an urban area is extended to include multiple nuclei and intermediate goods. The new model is a decomposable linear program in which the primary resource value of the city plus transportation costs are minimized subject to a prescribed bill of final demands for the city and to land constraints consisting of cells in a areal grid. Shadow prices on land emerge in the dual problem.
Pages: 29 pages
Date: 1972-04
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http://qed.econ.queensu.ca/working_papers/papers/qed_wp_86.pdf First version 1972 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:86
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