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Spatial Equilibrium, the Theory of Rents, and the Measurement of Benefits from Public Programs

Robert C. Lind

The Quarterly Journal of Economics · 1973 · Volume 87 · Issue 2

DOI: 10.2307/1882183

Abstract

I. Introduction, 188. — II. The model, 190. — III. Benefit measurement, 194. — IV. Changes in land values and the measurement of benefits, 201. — V. Discussion and interpretation of the basic approach, 203.

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