Article ID Journal Published Year Pages File Type
7383754 Regional Science and Urban Economics 2018 12 Pages PDF
Abstract
The wage-rental ratio (W/R) decreases with total regional employment, but increases with jobs per thousand in the health sector. Exogenous factors like heating and cooling degree days are consistent with slight positive increases in the W/R. Inclusion of W/R in a model that accounts for the covariance of wages and rents yields supply elasticities from + 3.47 to + 7.20 for all medical providers, and from + 0.22 to + 0.43 for registered nurses. These interregional elasticities (particularly for nurses) are consistent with estimates in other contexts.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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