Showing 1 - 10 of 22
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first-order condition for profit maximisation with respect to non-land inputs by competitive house builders. For parcels of a given size,...
Persistent link: https://www.econbiz.de/10011584688
Since the 1950s, there has been a steady decentralization of entry-level jobs towards the suburbs of American cities, while racial minorities ?and particularly blacks? have remained in city centers. In this context, the spatial mismatch hypothesis argues that because the residential locations of...
Persistent link: https://www.econbiz.de/10010262106
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10010291364
A recent literature has used a historical perspective to better understand fundamental questions of urban economics. However, a wide range of historical documents of exceptional quality remain underutilised: their use has been hampered by their original format or by the massive amount of...
Persistent link: https://www.econbiz.de/10012597538
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10009672254
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10013096770
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first order condition for profit maximisation with respect to nonland inputs by competitive house builders. For parcels of a given size, we...
Persistent link: https://www.econbiz.de/10012941075
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first order condition for profit maximisation with respect to nonland inputs by competitive house builders. For parcels of a given size, we...
Persistent link: https://www.econbiz.de/10012977875
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on the first-order condition for profit maximisation with respect to non-land inputs by competitive house builders. For parcels of a given size,...
Persistent link: https://www.econbiz.de/10012978173
A recent literature has used a historical perspective to better understand fundamental questions of urban economics. However, a wide range of historical documents of exceptional quality remain underutilised: their use has been hampered by their original format or by the massive amount of...
Persistent link: https://www.econbiz.de/10012519104