The costs of agglomeration: Land prices in French cities

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 interest such as a distance gradient for land prices and the elasticity of unit land prices with respect to city population. For the latter, our preferred estimate is 0.72.

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Year of publication:	2012
Authors:	Combes, Pierre-Philippe ; Duranton, Gilles ; Gobillon, Laurent
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Bodenpreis \| Städtischer Immobilienmarkt \| Agglomerationseffekt \| Kosten \| Frankreich \| urban costs \| land prices \| land use \| agglomeration

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Series:	IZA Discussion Papers ; 7027
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	731592964 [GVK] hdl:10419/69380 [Handle]
Classification:	R14 - Land Use Patterns ; R21 - Housing Demand ; R31 - Housing Supply and Markets
Source:	EconStor

Persistent link: https://www.econbiz.de/10010291364