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Social Optimum Under Moving Cost: Some Further Results

Author

Listed:
  • M. R. Narayana

    (Institute for Social and Economic Change)

Abstract

This note demonstrates that the problem of aggregation in modeling individual migration behavior as a response to fiscal and nonfiscal factors is not concomitant with moving costs. On the other hand, it depends on the specification of the utility function with moving costs. An additively separable utility function is specified to devise some implications with regard to social optimum.

Suggested Citation

  • M. R. Narayana, 1993. "Social Optimum Under Moving Cost: Some Further Results," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 28(2), pages 229-234, July.
    • Handle: RePEc:dse:indecr:v:28:y:1993:i:2:p:229-234
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    More about this item

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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