The Costs of Agglomeration: Land Prices in French Cities
Pre-print, Working paper: 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.
Author(s)
Pierre-Philippe Combes, Gilles Duranton, Laurent Gobillon
Date of publication
- 2013
Keywords JEL
Keywords
- Urban costs
- Land prices
- Land use
- Agglomeration
Internal reference
- PSE Working Papers n°2013-28
URL of the HAL notice
Version
- 1