Following the weak axiom of revealed preference (WARP), developed by Varian, a money-metric expenditure function is derived for a CES utility function in this paper. Using the US aggregate data on consumption used by Varian, the money-metric expenditure function is estimated to calculate an...

This paper examines the spatial pattern of worker residences with three different density functions: monocentric, polycentric and dispersive. Analysis of the 1980 journey-to-work census data for the Los Angeles region reveals that the polycentric density function statistically explains the...

Using a hedonic regression model, this paper examines determinants of bargaining outcome in single-family housing transactions. It divides potential factors into three broad categories: dwelling attributes, site amenities, and seller's and buyer's characteristics. Results with use of 1990 data...

The assumption thaturban workers economize on commuting is implicit in urban economic theory. Yet it has been challenged by some recent studies. This study estimates commute flows implied by three urban density functions: monocentric, polycentric, and dispersive. A polycentric density function...

This paper analyses the relationship between per capita GDP growth and investment, foreign direct investment, labour force growth, government expenditure and urban infrastructure based on the data for 189 large and medium-sized Chinese cities for the period of 1991-98. Cross-sectional analyses...

China has been experiencing rapid urbanisation since the economic reform starting in 1978. The number of cities increased from 191 in 1978 to 667 in 1999, while the urban share of the national population increased from 18 to 31 per cent. This paper examines China's urbanisation and the evolution...

This study examines the relationship between home buyers' characteristics and selling prices. Using survey on home buyers and the 1990 Multiple Listing Service data on single-family housing transactions in the Reno-Sparks area in Nevada, this study finds that home buyers play a significant role...