U.S. Per Capita Income 1940
U.S. Per Capita Income: 1990
Change in Income Variation
Employment Growth
Personal income grows at national rates if unemployment stays low
Slow Population Growth
Projected employment and population growth will leave Maine further behind in the U.S.
An Aging Population
Key Concepts in Location Theory
A firm profit maximizes in the long-run by increasing scale economies and sales
Economies of Scale
Location Polygons
Transport Costs
Networks: 1
Networks: 2
Gravity Model
Networks 3
Intermodal Transport
Dispersion Economies
Hotelling’s Beach
Optimal Market Locations
Rent Curves
Land Use Patterns Based on Bid Rents
Home Page: http://www.muskie.usm.maine.edu/csc/650web/index.htm