2005-08-12
productivity of the islands in producing copra or fish, was not considered. The assumption is also inconsistent with the capitalization model that the value of...David Barker and Jay Wa-Aadu, “Is Real Estate Becoming Important Again? A Neo Ricardian Model of Land Rent.” Real Estate Economics, Spring, 2004, pp...the model explicit, it avoids shortcomings of the NCT methodology, by using available data from RMI’s national income and product accounts that is