Kholodilin, Konstantin; Koroleva, Irina; Kryutchenko, Darya - In: Regional Science Policy & Practice 14 (2020) 4, pp. 916-938
In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city centre increases, both prices and population density diminish, for travel costs increase in terms of time and money. As...