Mizutani, Fumitoshi; Tanaka, Tomoyasu; Nakayama, Noriyoshi - Graduate School of Business Administration, Kobe University - 2012
The main purpose of this study is to estimate the optimal city size which would attain maximum total surplus and sustainability, or a city size in which total benefits would equal total costs. We apply regressions to the total benefit function and the total cost function for 269 employment...