Abstract
Abstract A two-region, spatial economic model is developed to explore the implications of interregional water transfers on household migration and the intraregional distribution of land between urban and agricultural use when there are agglomeration economies in urban production. A particular example is considered where an arid region lacks water resources but has differing levels of amenities and agricultural productivity relative to a water rich region. The conditions for the stability of both the dispersed and concentrated equilibria are found. Numerical simulations provide a graphical example of the set of stable equilibria in the parameter space. Finally, the model is calibrated using data on household consumption and agricultural production patterns in the US.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
