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Hartwick, John M.
Year of Publication: 
Series/Report no.: 
Queen's Economics Department Working Paper No. 875
The first order effect of a productivity increment in the output sector of a monocentric city which increase wages in the city is exactly capitalized in the increment in land rent in the city. We observe this result in the "open city" model in which a worker's utility level in city i is determined outside of city i.
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Working Paper

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