VALUING AMENITIES AND DISAMENITIES OF URBAN SCALE: CAN BIGGER BE BETTER?*
质疑了现有文献中基于完美劳动力流动假设来估计城市宜人属性支付意愿的方法，通过将二元迁移模型加入工资方程，提供了不同于市场隐含价格的支付意愿估计，并比较了这些差异以评估市场对城市不宜之处的补偿是否充分。
ABSTRACT. Considerable effort has been devoted within the recent literature to the valuation of urban amenities and disamenities, as well as to econometric procedures required for the estimation of their implicit market “prices.” This study questions the equilibrium conditions invoked within this literature to derive estimates of marginal willingness to pay, conditions premised upon “perfect” labor mobility among cities. It is shown that such assumptions need not be invoked if one considers the amenity price‐mobility relationship directly. This is accomplished by appending a binary migration model to a first‐stage wage equation, a procrdure that provides estimates of willingness to pay that can diverge from market‐determined implicit prices. Comparison of such values yields important information on the adequacy of market compensation for disamenities (amenities) throughout metropolitan areas.