000132325 001__ 132325
000132325 005__ 20210122072551.0
000132325 0247_ $$2doi$$a10.22004/ag.econ.132325
000132325 037__ $$a1100-2016-89791
000132325 037__ $$a1100-2016-90715
000132325 041__ $$aeng
000132325 245__ $$aIncomplete Compensation and Migration Behavior: Has Anything Changed Between 1990 and 2000?
000132325 260__ $$c2006
000132325 269__ $$a2006
000132325 300__ $$a13
000132325 336__ $$aJournal Article
000132325 520__ $$aSpatial equilibrium models rely on migration to arbitrage away differences in utility
across locations net of moving costs, where remaining differences in wages and rents reflect the
compensating differentials related to site-specific amenities. Recent refinements to the spatial
equilibrium model focus upon the prospect of disequilibrium in amenity markets. Amenity
market disequilibrium implies over- or under-compensation (incomplete compensation) across
some locations, which suggests a role for these factors in subsequent migration. This paper follows
the theoretical and empirical approach of Clark, Herrin, Knapp, and White (2003). An
intercity wage regression is estimated where fixed effects capture the impact of site characteristics
on wages. We then regress the fixed effects on a comprehensive vector of site attributes,
where the residuals capture incomplete compensation in wages. The derived measures of incomplete
compensation are included in a binary logit model of migration. The results provide
further evidence that incomplete compensation for site characteristics is a significant factor in
migration decisions, and the findings are consistent with tendencies toward spatial equilibrium.
000132325 650__ $$aCommunity/Rural/Urban Development
000132325 650__ $$aPublic Economics
000132325 700__ $$aClark, David E.
000132325 700__ $$aHerrin, William E.
000132325 700__ $$aKnapp, Thomas A.
000132325 700__ $$aWhite, Nancy E.
000132325 773__ $$tJournal of Regional Analysis and Policy$$j36$$k2$$d2006
000132325 8564_ $$931c2b872-c99f-4d36-9d02-bf309bee93c2$$s237610$$uhttps://ageconsearch.umn.edu/record/132325/files/06-2-3.pdf
000132325 887__ $$ahttp://purl.umn.edu/132325
000132325 909CO $$ooai:ageconsearch.umn.edu:132325$$pGLOBAL_SET
000132325 912__ $$nSubmitted by Adrienne Keiser (keise023@umn.edu) on 2012-08-28T17:50:16Z
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06-2-3.pdf: 237610 bytes, checksum: 71f5937640913b31f31fb573a1317b70 (MD5)
000132325 912__ $$nMade available in DSpace on 2012-08-28T17:50:19Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2006
000132325 913__ $$aLicense granted by Adrienne Keiser (keise023@umn.edu) on 2012-08-28T17:46:45Z (GMT):

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000132325 980__ $$a1100
000132325 982__ $$gJournal of Regional Analysis and Policy>Volume 36, Issue 2, 2006