An Explicit Spatial Approach to the Value of Local Social Amenities in Metro and Non-Metro Counties in the U.S.: Implications for Comprehensive Wealth Measurement

An Explicit Spatial Approach to the Value of Local Social Amenities in Metro and Non-Metro Counties in the U.S.: Implications for Comprehensive Wealth Measurement

This study extends and reinterprets Roback’s general spatial equilibrium model by casting it within the comprehensive wealth framework. Considering the explicit spatial effects among regions, the analysis refines estimates of the contribution of natural, built, social, cultural, and human capital to...

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Bibliographic Details
Main Authors: Jinhyoung Kim, Thomas G. Johnson, Byung Min Soon
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Series:Land
Subjects:
comprehensive wealth
spatial equilibrium model
metro and non-metro regions
spatial interaction
place-based intangible assets
housing supply/affordability
Online Access:https://www.mdpi.com/2073-445X/12/3/586

Internet

https://www.mdpi.com/2073-445X/12/3/586

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