The Costs of Agglomeration: Land Prices in French Cities
Pré-publication, Document de travail: 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.
Auteur(s)
Pierre-Philippe Combes, Gilles Duranton, Laurent Gobillon
Date de publication
- 2013
Mots-clés JEL
Mots-clés
- Urban costs
- Land prices
- Land use
- Agglomeration
Référence interne
- PSE Working Papers n°2013-28
URL de la notice HAL
Version
- 1