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Urban Studies and Planning

PHILIP E GRAVES

Regional growth and decline

Publication Year

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

Examining The Role Of Economic Opportunity And Amenities In Explaining Population Redistribution, Peter R. Mueser, Philip E. Graves Jan 1995

Examining The Role Of Economic Opportunity And Amenities In Explaining Population Redistribution, Peter R. Mueser, Philip E. Graves

PHILIP E GRAVES

This paper develops a model of migration integrating equilibrium and disequilibrium components in which individuals and firms form rational expectations about future opportunities. Levels of migration are derived as functions of variations in factors influencing migrant labor demand ("economic opportunity") and migrant labor supply ("residential amenities"). The model is used to estimate the extent to which migration in the United States over the period 1950-1980 is determined by these two classes of exogenous factors.


The Role Of Equilibrium And Disequilibrium In Modeling Regional Growth And Decline: A Critical Reassessment, Philip E. Graves, Peter R. Mueser Jan 1993

The Role Of Equilibrium And Disequilibrium In Modeling Regional Growth And Decline: A Critical Reassessment, Philip E. Graves, Peter R. Mueser

PHILIP E GRAVES

The assumption of interregional equilibrium in migration research has recently been attacked. At issue is the motivation for on-going migration if rents and wages accurately compensate for spatial amenity variations; but if rents and wages fail to accurately compensate potential migrants, then amenity valuations must be flawed. We here show that arguments supporting substantial disequilibrium in the U.S. economy are unconvincing. The substantive issues are then clarified by a model which allows for both equilibrium and disequilibrium migration. We conclude that intertemporally systematic migration stems predominantly from equilibrium forces.


Multimarket Amenity Compensation And The Behavior Of The Elderly, Philip E. Graves, Donald M. Waldman Jan 1991

Multimarket Amenity Compensation And The Behavior Of The Elderly, Philip E. Graves, Donald M. Waldman

PHILIP E GRAVES

There is no abstract for this work.