I am indebted to three anonymous referees for their comments on an earlier draft of this paper.
THE ASSUMPTION OF EQUILIBRIUM IN THE ANALYSIS OF MIGRATION AND INTERREGIONAL DIFFERENCES: A REVIEW OF SOME RECENT RESEARCH*
Article first published online: 28 JUL 2006
Journal of Regional Science
Volume 30, Issue 4, pages 515–531, November 1990
How to Cite
Evans, A. W. (1990), THE ASSUMPTION OF EQUILIBRIUM IN THE ANALYSIS OF MIGRATION AND INTERREGIONAL DIFFERENCES: A REVIEW OF SOME RECENT RESEARCH. Journal of Regional Science, 30: 515–531. doi: 10.1111/j.1467-9787.1990.tb00119.x
- Issue published online: 28 JUL 2006
- Article first published online: 28 JUL 2006
- Received May 1989; in revised form November 1989 and February 1990; accepted February 1990.
This paper questions the plausibility of the assumption of interregional equilibrium in recent research into migration and the valuation of amenities in the United States. It is shown that it is difficult to develop a satisfactory explanation for continuing net migration which is compatible with the equilibrium assumption, and that recent relevant research generally fails to support the idea that the U.S. economy is in equilibrium. The association of higher rent levels with in-migration is explained as a short-run phenomenon. If the spatial economy is in disequilibrium, then the valuations of amenities assuming equilibrium will be biased, being probably too low in areas of net in-migration and too high in areas of net out-migration.