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Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...
Persistent link: https://www.econbiz.de/10010740287
Infrastructure and especially mass transit play a major role in urban economics and are the centre of many research questions. Probably due to simultaneous determination of infrastructure supply and demand most research is only carried out on the supply side driven relationship explaining how...
Persistent link: https://www.econbiz.de/10010740483
City size distributions are known to be well approximated by power laws across many countries. One popular explanation for such power-law regularities is in terms of random growth processes, where power laws arise asymptotically from the assumption of iid growth rates among all cities within a...
Persistent link: https://www.econbiz.de/10011144109
The progress in logistics industry is highly dependent upon international and domestic trade performance of a city. In the literature various studies deal with economic development and its influence on urban growth and land use. Agglomeration theory and cluster theory try to identify the factors...
Persistent link: https://www.econbiz.de/10011075948
Much of the inequality literature has done a great deal of work to study national inequality. However, most people live in cities and their experience of inequality is shaped by their local and metropolitan environment. This fact implies that next to inequality in countries, local inequality is...
Persistent link: https://www.econbiz.de/10010740297
All developed countries have programs designed to help agricultural landscapes withstand market forces that might otherwise eliminate them. In peri-urban areas within the United States, minimum lot size zoning is a common tool designed to achieve this objective. Along with differential tax...
Persistent link: https://www.econbiz.de/10010740290
A large literature underlines the fact that city sizes are heterogeneous and urban sprawl is not optimal (i.e. cities are too large). Surprisingly, we do not have a clear understanding of these two facts in urban search economics (see Zenou (2009)). Indeed, this literature systematically...
Persistent link: https://www.econbiz.de/10010740328
Wise land use is an essential basis for steady economic growth. In many developing countries, land usage policy is one of the most troubled areas. An important issue of land usage policies is the process of land value appraisal. It is necessary to study the experience of developed countries in...
Persistent link: https://www.econbiz.de/10010740388
The control of urban sprawl often involves policies of allowable use zoning. By protecting large areas from development, such policies may, in fact, provoke ?leapfrog? development through their inflationary effect on the land and property markets in the area which is already urbanised. This...
Persistent link: https://www.econbiz.de/10010740446
The city of Brussels has a unique position in Europe. It is not only the capital city of the European Union, it also the capital of federal state of Belgium, of its two different language communities and of the government of the Brussels region. Independent of this, the city itself is composed...
Persistent link: https://www.econbiz.de/10010740462