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Location And The Theory Of Production Under Monopsony

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  • Chiou‐Nan Yeh
  • Chao‐Cheng Mai
  • Yeung‐Nan Shieh

Abstract

ABSTRACT This paper explicitly incorporates monopsony market structure into the Weber‐Moses's one‐output, two‐input triangular location model and reexamines the location invariance principle. It will be shown that this principle need not hold if the imperfection of input markets prevails. This is contrary to the conventional wisdom.

Suggested Citation

  • Chiou‐Nan Yeh & Chao‐Cheng Mai & Yeung‐Nan Shieh, 1996. "Location And The Theory Of Production Under Monopsony," Papers in Regional Science, Wiley Blackwell, vol. 75(4), pages 433-440, October.
    • Handle: RePEc:bla:presci:v:75:y:1996:i:4:p:433-440
    DOI: 10.1111/j.1435-5597.1996.tb00672.x
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    Cited by:

    1. Chiung-I Hwang & Yeung-Nan Shieh, 2007. "Factor market oligopsony and the location decision of free entry oligopoly," Economics Bulletin, AccessEcon, vol. 18(6), pages 1-7.
    2. Wojan, Timothy R. & Lackey, Steven Brent, 2000. "Manufacturing Specialization in the Southeast: Rural Necessity, Rural Possibility, or Rural Vestige?," The Review of Regional Studies, Southern Regional Science Association, vol. 30(2), pages 167-187, Fall.
    3. repec:ebl:ecbull:v:18:y:2004:i:1:p:1-7 is not listed on IDEAS
    4. Yeung-Nan Shieh & Chiou-Nan Yeh, 2004. "Transportation rates, monopsony power and the location decision of the firm," Economics Bulletin, AccessEcon, vol. 18(1), pages 1-7.

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