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The spatial intensities of both industries and population are highly uneven across space. Moreover, these intensities differ not only across industries, but also change through time. Nevertheless, we show using Japanese data for metropolitan areas in two time periods that the location...
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This paper examines the importance of the distribution of consumers in Hotelling's circle on the comparison between the optimal and the market equilibrium levels of diversity. It finds that when most consumers are located very close to the firms, the result of Salop-that the equilibrium number...
Persistent link: https://www.econbiz.de/10005294251
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We develop a duocentric-city model and show that the ratio between the property tax in the suburbs and in the center has an ambiguous impact on the size of the city. We test this model by using a dataset of effective property tax rates which we developed using GIS techniques for central cities...
Persistent link: https://www.econbiz.de/10008576663