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COMPETITIVE AND IMPERFECTLY COMPETITIVE LABOR MARKETS AND URBAN AREAS.
- Source :
-
Journal of Regional Science . May91, Vol. 31 Issue 2, p161. 10p. - Publication Year :
- 1991
-
Abstract
- In this paper, I present a model incorporating two kinds of spatial labor markets: a centralized competitive market at the central business district (CBD) and dispersed local markets across economic space under imperfect competition. Wage differentials and the size of the two types of markets are endogenously determined by rational choices of workers as well as profit maximization of firms. Workers can exercise rational choices with respect to market places where they commute and supply their labor. In this model, I attempt, in effect, to integrate the Hotelling-type paradigm and the Samuelson-type paradigm in a consistent spatial setting. [ABSTRACT FROM AUTHOR]
- Subjects :
- *LABOR market
*CENTRAL business districts
*WAGE differentials
COMPETITION
Subjects
Details
- Language :
- English
- ISSN :
- 00224146
- Volume :
- 31
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Journal of Regional Science
- Publication Type :
- Academic Journal
- Accession number :
- 6739099
- Full Text :
- https://doi.org/10.1111/j.1467-9787.1991.tb00140.x