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The Social Attachment to Place

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  • Michael S. Dahl
  • Olav Sorenson

Abstract

Many theories either implicitly or explicitly assume that individuals readily move to locations that improve their financial well being. Other forces, however, counteract these tendencies; for example, people often wish to remain close to family and friends. We introduce a methodology for determining how individuals weight these countervailing forces, and estimate how both financial incentives and social factors influence the probability of geographic mobility in the Danish population from 2002 to 2003. Our results suggest that individuals respond to opportunities for higher pay elsewhere, but that their sensitivity to this factor pales in comparison to their preferences for living near family and friends.

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File URL: http://www3.druid.dk/wp/20080024.pdf
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Bibliographic Info

Paper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 08-24.

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Date of creation: 2008
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Handle: RePEc:aal:abbswp:08-24

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Web page: http://www.druid.dk/

Related research

Keywords: Location choice; regional migration; social factors; economic incentives;

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Cited by:
  1. Dan Breznitz & Mollie Taylor, 2011. "California Dreaming? Cross-Cluster Embeddedness and the Systematic Non-Emergence of the 'Next Silicon Valley'," DRUID Working Papers, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies 11-11, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  2. Gautier, Pieter A. & Svarer, Michael & Teulings, Coen N., 2010. "Marriage and the city: Search frictions and sorting of singles," Journal of Urban Economics, Elsevier, vol. 67(2), pages 206-218, March.
  3. Dahl, Michael S. & Sorenson, Olav, 2010. "The migration of technical workers," Journal of Urban Economics, Elsevier, vol. 67(1), pages 33-45, January.
  4. Karl Wennberg & Karin Hellerstedt, 2011. "Evolution of knowledge intensive firms: a sociogeographic demand side perspective," ERSA conference papers ersa10p1585, European Regional Science Association.
  5. E. Stam & J.G. Lambooy, 2012. "Entrepreneurship, Knowledge, Space, and Place: Evolutionary Economic Geography meets Austrian Economics," Working Papers, Utrecht School of Economics 12-11, Utrecht School of Economics.
  6. Steven Klepper, 2010. "The Origin and Growth of Industry Clusters: The Making of Silicon Valley and Detroit," NBER Chapters, in: Cities and Entrepreneurship National Bureau of Economic Research, Inc.
  7. Pinto, Hugo & Cruz, Ana & Gonçalves, Ana, 2011. "Hard Working Ant: An Eco-Tourism Spin-Off Creation Tale," Spatial and Organizational Dynamics Discussion Papers 2011-11, CIEO-Research Centre for Spatial and Organizational Dynamics, University of Algarve.

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