The spatial labour market and spatial competition

Publisher Website
Google Scholar
Abstract
Nakagome M. (1986) The spatial labour market and spatial competition, Reg. Studies 20, 307–312. We examine the effects of spatial competition on wages and regional unemployment. It is demonstrated in this article that the ‘perverse’ results concerning wage levels are also seen to prevail in the spatial labour market, i.e., competition among neighbouring firms may yield lower equilibrium wage levels than a spatial monopsony wage. Our study investigates the extent to which such spatial theory replicates the conclusions of classical non-spatial labour economics. We also attack the problem of why regional unemployed workers do not change their location to obtain a higher level of job opportunities.

This publication has 7 references indexed in Scilit: