The effect of employment growth on internal migration depends on corresponding adjustments of the local housing market. If employment growth in a geographical area is accompanied by a sharp increase in housing prices, the net outcome may be net out-migration rather than migration gain. In the present paper, this concept is tested using statistical data available for 47 prefectures in Japan. The analysis covers the two five-year periods of 1983-87 and 1988-92, and confirms that the use of a combined representation of employment and housing variables makes it possible to improve considerably the performance of an empirical migration model.
- Employment-housing interlink
- Hyperbolic tangent transformation
- Internal migration
ASJC Scopus subject areas
- Geography, Planning and Development