Urban Economic Theory

Fujita, Masahisa

doi:10.1017/cbo9780511625862

Cited by 685 publications

(294 citation statements)

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“…For completeness, however, it is helpful to also consider the possibility that a higher density reduces interaction, as assumed by Fujita (1989). 7 In this case, f(·) is a decreasing function,…”

Section: Modeling the Density Externalitymentioning

confidence: 99%

Social interaction and urban sprawl

Brueckner

Largey

2008

Journal of Urban Economics

219

146

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Section: Modeling the Density Externalitymentioning

confidence: 99%

Social interaction and urban sprawl

Brueckner

Largey

2008

Journal of Urban Economics

219

146

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“…It is then perfectly possible that a change in residential location towards the central business district reduces the 2 It is theoretically possible that increases in income first move the household away from employment centres, but beyond a certain point closer to the centre indicating a non-monotonous relationship between income and commuting (e.g. Fujita, 1989). …”

Section: Introductionmentioning

confidence: 99%

Do rich households live farther away from their workplaces?

Gutiérrez‐i‐Puigarnau

Mulalic

Ommeren

2014

J Econ Geogr

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may 13-2-2012 AbstractOne of the classic predictions of the urban economic theory is that high-income and low-income households choose different residential locations and therefore, conditional on workplace location, have different commuting patterns. Empirical tests of this theory are not standard, due to reverse causation and lack of good control variables. In the current paper, estimates of household income on commuting distance are derived using residential changes in distance for a given workplace, so reverse causation is eliminated. Our results show that the long-run income elasticity of commuting distance is positive and around 0.18. The results suggest that the elasticities are higher for single wage-earners than for dual wage-earners and higher for females than for males.

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“…One obvious way to test the models is to look at the per unit cost of land parcels at each …xed distance from the CBD in a city, say Chicago, before and after a change in commuting equilibrium will have the property that the marginal willingness to pay for land of consumer N , the outermost consumer, is equal to the agricultural land rent. 4 It is easy to verify that the result in Fujita (1989) applies to quasi-linear utility. 5 Notice that existence of equilibrium in the case of quasi-linear utility is not an issue, since we can …nd the equilibrium explicitly using …rst order conditions, and thus we have proved that it exists.…”

Section: Discussionmentioning

confidence: 93%

“…We have compared it to the analogous comparative static derived in Fujita (1989) for the model with a continuum of consumers, and we have found a di¤erence.…”

Section: Discussionmentioning

confidence: 99%

“…Moreover, since we do not observe land prices interior to the parcel, but rather the price function averaged over the entire parcel, we study the latter. In other words, the genesis of this project was to construct the discrete model analog of Fujita's (1989) comparative static, rather than begin with our comparative static and construct the analog in the continuous agent model.…”

Section: What Is the Economic Signi…cance Of This Issue? To Address Tmentioning

confidence: 99%

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When worlds collide: Different comparative static predictions of continuous and discrete agent models with land

Berliant

Sabarwal

2008

Regional Science and Urban Economics

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Abstract:This paper presents a difference in the comparative statics of general equilibrium models with land when there are finitely many agents, and when there is a continuum of agents. Restricting attention to quasi-linear and Cobb-Douglas utility, it is shown that with finitely many agents, an increase in the (marginal) commuting cost increases land rent per unit (that is, land rent averaged over the consumer's equilibrium parcel) paid by the consumer located at each fixed distance from the central business district. In contrast, with a continuum of agents, average land rent goes up for consumers at each fixed distance close to the central business district, is constant at some intermediate distance, and decreases for locations farther away. Therefore, there is a qualitative difference between the two types of models, and this difference is potentially testable. Abstract This paper presents a di¤erence in the comparative statics of general equilibrium models with land when there are …nitely many agents, and when there is a continuum of agents. Restricting attention to quasi-linear and Cobb-Douglas utility, it is shown that with …nitely many agents, an increase in the (marginal) commuting cost increases land rent per unit (that is, land rent averaged over the consumer's equilibrium parcel) paid by the consumer located at each …xed distance from the central business district. In contrast, with a continuum of agents, average land rent goes up for consumers at each …xed distance close to the central business district, is constant at some intermediate distance, and decreases for locations farther away. Therefore, there is a qualitative di¤erence between the two types of models, and this di¤erence is potentially testable.JEL Numbers: R13, D51, R14

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Urban Economic Theory

Cited by 685 publications

References 0 publications

Social interaction and urban sprawl

Social interaction and urban sprawl

Do rich households live farther away from their workplaces?

When worlds collide: Different comparative static predictions of continuous and discrete agent models with land

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